<a href="http://todayinpolitics.independentminds.livejournal.com/7575.html">Today in Politics: When bad news is good news</a>

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Last working day before Christmas at the Treasury today, and a strange sense of relief is in the air--even though the Office for National Statistics (ONS) announced that the economy contracted by 0.6 per cent between July and September, more than the 0.5 per cent figure it had released previously.