Economic growth: a welcome 1% and the 99% | Editorial

Some good news at last for the British economy, but we are still only half way to recovery When in a hole, the first priority is to stop digging. The British economy has at last achieved that, and then gone one better by clambering its way out of the double dip which it fell into at the end of last year. Yesterday's zippy growth estimate – which showed GDP up by a full percentage point over the third quarter – is sufficient to make good all the damage done by the three quarters tha...