Today the Bank of England announced their revised growth forecast for 2012*.
Here’s how they have collapsed over the past twelve months:

* = The Bank of England persist in saying that growth will be “close to zero”. This is not a number, so we’ve used zero.
More from LabourList
‘Hope again’ has the power to be more than a slogan
‘Hope is as much a message for the Scottish electorate as the UK’s’
‘From Win24 to winning again: the campaign principles Labour should follow’