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As the next recession approaches, here is some good news: the last one in 1991-92 wasn’t actually as bad as we thought. That’s according to the Office for National Statistics, which has issued a revised set of historical national accounts. In 1992 the economy actually grew. Oh, and it turns out that Britain’s gross domestic product is now ?15 billion higher than previously believed-that’s roughly the size of the government’s education budget.

Since last year, there has been a 20 per cent fall in the proportion of voters who think Tony Blair is “more honest than most politicians,” according to…

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