Blogging, much like joining a convent, is a noble tradition of sacrifice. We write for your education, fulfillment and the small furtherance of the misguided belief that our opinions matter. We were excited, therefore, to discover a new breed of bloggers: they are called journalists. They are different in many ways: they work in offices, use PCs rather than coffee stained Macbooks and carry crude iPhone-like devices know as 'Blackberries', but most crucially, they......

The terrible stomach churning uncertainty that has embraced our fair city is only slightly tempered by the satisfaction that we called it right - the Office of National Statistics has spoken and the initial estimates for the third quarter of 2008 are that we dived into the recessional darkness. The ONS tell us the culprits were the manufacturing and service industries - so most of them then - only airlines, agriculture, forestry, fishing and,......

A while back people used to worry about 'talking ourselves into recession' and, while we can hardly take a moral stance on this issue, there is likely some value to the concern. As we explained to the family over dinner the other day: If the journalist tells his plumber, lets call him Mike, not to buy that new van because of the recession, then the car salesman won't get a commission, so he'll have to......

For a minute there it appeared we were on the brink of apocalypse. Then it seemed OK. Then we were back to searching for clean underwear. And repeat. It's been a busy few days for London's financial markets, and it might not be over yet. It seemed in August that the worst of the credit crunch was behind us and the problems ahead were more straightforward issues of the business cycle and housing market.......

After the usual screams of anguish from the Evening Standard editorials have died away there are some more ominous signs in last week's traditional September bundle of joy: the TfL new year fare package. "Tough choices around some unfunded transport projects" are to be made, and politics aside, Recessionist sees little light, and quite possibly fewer trains, in the tunnel ahead... 'Tough choices' - have been responsible for many of the irritating abnormalities of......

Since time immemorial people have cried out - 'what we really need is a 23,000 seat multi purpose arena somewhere near Woolwich'. Of course this dream was finally attained last year with the reopening of the Millennium Dome O2 - back in the day, however, the plan was to install this pivotal piece of infrastructure in the heart of Canning Town and use its honeypot-like draw to redevelop the derelict Royal Docks. Where now......

Like the Edmonton IKEA, a recession is something that only reveals itself when you've zoomed passed it, shouted yourself blind at the map reader and urged a fiery hell on whoever designed the nonsensical road system. However, we're taking a leap in the statistical darkness and starting to plan for the worst, on the understanding that if we turn out to be way-off we'll quietly forget this idea, and if we're right we can twirl......