So then, “economic forecast group” The Ernst & Young Item Club. Who the fuck are they, and what the fuck do they do? According to their website they “meet [their] clients’ needs for objective economic forecasts” and are “the only economic forecasting group to use the HM Treasury model of the UK economy”. Which is presumably why they are only this morning announcing the UK is in recession and, like the HM Treasury, don’t seem to have forecast it much in advance at all. Fucking eejits…