Yep. In his 2010 budget speech Osborne forecast that growth would be 1.2% that year – he became Chancellor in May 2010.
Osborne also in his 2010 budget speech predicted that growth would be 2.3% the following year, and 2.8% in 2012.
Okay…and from the info he had at the time, it was probably realistic. BUT…we then had the Greek tragegy, Spain almost collapsing, bail outs etc which caused massive shockwaves.
I said he was a Genius, not a Fortune teller!