Blame The Recession On The Queen

 Top economic experts and the Bank of England (they are clearly very separate groups!) are predicting that Quarter 2 of 2012 is very likely to see our economy shrink again. Even Mervyn King thinks this!   The reason……The Queen’s Diamond Jubilee bank holiday. Essentially, a repeat of last year when the Royal Wedding bank holiday killed our economic output is predicted.   Which leads to a few really important questions……   Is our economy really that fragile that one additional day off impacts so significantly on 3 months of economic performance?   Should we follow Portugal’s lead and cancel all public holiday’s until we are in a much better position?   Is it as simple as the Queen selling off some scraps of land or a few bits of jewellery to cover the losses?   Just a thought……