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UK recession: The question now is how deep it will be

22-Aug-2008
Story Timeline:  107 days

By Edmund Conway, Economics Editor The longest period of unbroken economic growth since the dawn of the Industrial Revolution is over. That much is official, now, after the Office for National Statistics downgraded its estimate for Gross Domestic Product growth from 0.2pc to zero. In fact, to be absolutely precise, if you go enough decimal places back, GDP increased ever so slightly rather than contracting, but... [read full story]                    

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Latest article on this story:

Recession fears grow as economy grinds to halt, ending 16 years of growth

dailymail.co.uk 22-Aug-2008
First article on this story:

US likely to slip into recession : UBS economists

yahoo.com 19-Aug-2008
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