FT’s dodgy experts

UNEMPLOYMENT to rise… growth 1.5 per cent at the very best… consumer spending down… business investment depressed by Brexit uncertainty…

Such were the dismal predictions for 2017 made 12 months ago by economists interviewed by the Financial Times, selfappointed cheerleader for Remoaners.

They were wrong, wrong, wrong. At the dawn of 2018, unemployment is at a record low, the economy grew 1.7 per cent last year – and consumer spending and business investment were up, not down. Yet this hasn’t stopped the Japanese- owned FT splashing equally doom-laden predictions for 2018 on yesterday’s front page.

Will the pink paper ever learn to take economists’ crystal ball-gazing with a pinch of salt? Or is it determined to go on talking Britain down, until its prophesies of disaster become self-fulfilling?