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Britain in 2012: The editors' view

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After a year of unexpected news, what can we confidently say about 2012? The Today programme gathered four BBC editors to find out their predictions.

For home editor Mark Easton, 2012 is the year when the world will be looking at Britain, with the Olympics and the Diamond Jubilee, but also a year where "Britain will take a long hard look at itself".

On a political level, Nick Robinson suggests that the Conservatives "can't believe their luck" in the success they are having. Labour, he says, seem to be having a lot of success in saying "I told you so" but not a lot of success in "finding alternatives".

Things will change in 2012, he predicts, and it is quite possible that the Chancellor will have to "change course once again" in the next budget statement.

Business editor Robert Peston says that we are in "relatively early days" in terms of the hardship being experienced by people as a result of the economic downturn. However, he adds, in the global context we are still an incredible rich country.

"We've got to look at what we do with that wealth," he says.

Economics editor Stephanie Flanders highlights one relatively positive note. In terms of the pace of change in the economy, she says, "we are past the worst" and in that sense we are "looking at a slightly better year"

However, as Nick Robinson accepts, "fascinatingly, of course, we haven't a clue what's going to happen".


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