Today is officially Downturn Friday. Those clever chaps at the BBC have put their thinking caps on and decided that using the word 'crisis' might just be damaging public confidence. Shame that their laudable efforts to turn it into a 'downturn' are completely undermined by the hysterical red arrow plunging downwards from their carefully designed logo.
Not since Robert (Stormy Petrel) Peston stood admiring the queues outside Northern Rock has such an iconic manifestation of impending disaster graced our screens. Its visceral appeal to our inner lemming should ensure that the retail sector shuts down faster than a speeding quark.
1 hour ago