The odds of the economy turning before then around despite the worst efforts of the UK government are fairly good

Uh - no. They really aren't.

There is no growth base. Even if the ConDems throw money at infrastructure - which is not a bad idea - their ideology means they'll have to raise taxes to pay for the spending.

Retail is dying, manufacturing is hanging in there but not improving, and Cameron seems obsessed with dinky little know-nothing start-ups, when he could spending useful money on better broadband and giving non-dinky IT entrepreneurs access to better funding.

So to repeat - there is no growth base. Resource prices will continue to increase, with taxes. Benefits and the NHS will be cut.

None of these make for an improved feel-good factor going into 2015.

And that's before the remaining bankster price fixing stories hit the news, and Cameron is seen trying to apologise for them.