Is the UK heading for a double-dip recession? MoneySaving Poll Results

We’ve been out of recession now for five months (defined as the economy shrinking for 2+ consecutive quarters), yet the FTSE is down and there’s reduced govt spending, so could we dip back in?

Quick Stats

Current growth: Up 0.3% in first quarter
Economy shrank during 2009: Down 4.8%
Govt predicted growth for 2010: Up 1.2% (2.3% for 2011)

What do you think will happen to the economy over the next year?


A. Boom: Up over 3.5% 89 votes (1 %)
B. High Growth: Up 1.5% to 3.5%169 votes (1 %)
C. Growth Up 0.3% to 1.5%2,415 votes (20 %)
D. Stagnation: Not much growth or shrinkage3,981 votes (34 %)
E: Contraction: Down 0.3% to 1.5%2,163 votes (18 %)
F. Recession: Down 1.5% to 3.5%2,154 votes (18 %)
G. Crash: Down over 3.5%857 votes (7 %)

                   11,828 votes received.

We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.