Well onside for recovery: Do not underestimate the 'bouncebackability' of the UK economy

Is domestic market revival set for kick-off?

"Bouncebackability" may not sound like a real term, but it is. In fact, it is one of very few created by a football manager to enter the Oxford English Dictionary alongside the legendary Sir Alex Ferguson's phrase "squeaky bum time" back in 2005.

This particular phrase was coined by Crystal Palace FC's manager Iain Dowie during the 2003-04 season. Specifically, Dowie was referring to how his team travelled from the relegation zone in the December of that season to eventually being promoted to the Premier League through the play-offs in May. The importance of this piece of sporting trivia depends greatly on how large a fan you are of Crystal Palace. But there's no denying that the term has had staying power. It has also gone on to be used to refer to many other incidents of the capacity to recover quickly from a setback. Pro...