"’m going to say something which might come as a surprise, given all the positive coverage this morning of the GDP figures. The Office for National Statistics has actually revised GDP down today – not up.The size of the British economy – in other words the total amount of cash generated by its companies and spent by its people – was actually £133m smaller in the fourth quarter than the ONS previously thought. Before today’s revisions, it thought the economy pumped out £315,845m worth of output in those three months. Now, it thinks the actual figure was more like £315,712m. ..."