I realise that that seems like an especially surprising statement given that the deficit has come down by a third, our balance of trade is improving, there are more people in work than ever before, unemployment and youth unemployment is coming down, and growth rates have surpassed expectations and are predicted - by the IMF amongst others - to continue to do so.
In this current economic climate many businesses throughout London and the rest of the UK are operating against very tight margins, meaning any proposals which could potentially disrupt or increase the cost of core services they rely upon on a day-to-day basis could have serious consequences.
Should we crash the pound to revive manufacturing? I'm not convinced. I am persuaded that we need to do a lot more to inspire British business leaders to think long term and to care about building high quality companies that can endure.
Our major survey of British family finances finds that 15 million people are already showing signs of financial difficulty, 13million wouldn't have the savings to keep up with their essentials bills for a month if their income dropped by a quarter, and 16million would consider using unsecured credit to keep up with essentials.
At the EU-Africa business summit I attended last week, a question that I heard again and again is what are the barriers to investing more in sub-Saharan Africa?
On March 18th Governor Carney unveiled a major reorg. at the Old Lady, naming two new Deputy Governors , with Ben Broadbent becoming Deputy Governor responsible for monetary policy, taking over for Charlie Bean, who retires at the end of June. This creates a vacancy on the MPC, as Broadbent is already on the committee.
I hate the Wonga puppets. Partly, that's just because the nightmare-inducing little monsters creep me out. But mainly I hate them because they keep popping up in my inbox, asking me if I want to win a PS4 or join their 'social site'...
So there's much more behind the chicken on your plate than you might have realised. The industry will continue to work hard to supply healthy, high quality food at affordable prices. With any luck, we'll be able to report back in a year's time to show an increase in contribution to the Exchequer, but the next time you eat chicken, just remember that you're far from alone and are playing a small part in helping to boost the economy...
To mere mortals, 'debt' is a four-letter word - something to be eschewed on pain of the workhouse or some equally grizzly fate. There's a whole industry in the UK that focuses on debt collection - lawyers, bailiffs and professional debt collectors who go by a number of rather fanciful 'noms de guerre'.
No one can plausibly be in favour of the rebalancing the British economy, boosting exports and supporting sustainable growth while being in favour of leaving the EU... It is inconceivable to sacrifice the success of our most successful manufacturers to satisfy knee-jerk isolationism.
Slowly but surely, Europe's economy is starting to recover. After more than half a decade of stagnation, the EU commission forecasts real GDP growth in the EU of 1.5% in 2014, rising to 2.0% in 2015. This is all well and good, but of greater importance is whether improvements in the economy translate into more jobs and higher pay.
If the industry doesn't get things right they only need to look to other failing markets to see what might be in store. With the referral of the energy market to the competition commission last week, Which? wants wider recognition that radical action is needed when competition is failing and markets aren't working for consumers.
Ed Miliband is right, "Britain can do better than this". Britain can do better than political populism and price fixing which should have been left in the 1970s.
"We could be poorer - or richer - than we think. We don't really know how wealthy we are." That is the opinion of Vicky Price, economist and one-time joint head of the government's economic service. Her sense of disquiet is sparked by the fact that the standard measure of a country's wealth - GDP - in fact leaves out so much.
Industry shutdown, the construction sector could not operate in places where the ground was frozen like concrete and output slipped. From an economist's point of view this posed an interesting question. Was the weather weakening output and underlying strength would be seen as soon as the snow thawed? Or were deeper structural issues being masked by the weather?
This month's Budget brought welcome reward for Britain's "workers and savers". Toil, self-reliance and thrift have been buzzwords of this Government, and its measures to bring Britain out of economic woe. The mantra has been "reward the worthy" with the subtext: "nothing comes for free."