Over the past six months ‘recession’ has given way to ‘recovery’. With many economic figures showing signs of improvement, and house prices rising, there’s been an increase in confidence in business and among people generally about the prospects for the British economy. How well-founded is this? Is it built on a housing bubble? And if we are in recovery, is this something that is shared widely or confined to the well-off, and to London and the South East? Chair: Jeremy Warner, Assistant Editor, Daily Telegraph, Will Hutton, Observer columnist, writer on economy and society, Andrew Sentance, Senior Economic Adviser to PwC, Simon Wren-Lewis, Professor of Economics, University of Oxford