Britain Looks Set to Suffer the Worst Depression Since the 1940s

Summary


Britain is heading into a recession unlike any seen since the aftermath of the Second World War

CONFIRMATION that Britain is in the depths of a recession that could become the worst downturn in 60 years is set to emerge early in the New Year.

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Extract


Britain Looks Set to Suffer the Worst Depression Since the 1940s

UK output is expected to have plunged by as much as 1 per cent in the closing months of 2008, after official data yesterday showed the economy sh...

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