I recently attended a very interesting networking event that included a presentation on the economic outlook.

The speaker was a top economist from one of the big four, and suggested that the most likely future is:

• No increase in Bank of England Base Rate for 18m
• No double dip
• Steady, but slow economic growth
• UNCERTAINTY

He also recommended 2 books and I’ve added these to the reading list:

• The Black Swan: The Impact of the Highly Improbable

  - Nassim Nicholas Taleb

• This Time Is Different: Eight Centuries of Financial Folly – Reinhart and Rogoff