Photograph: Junko Kimura/Getty images Britain is facing "arguably the worst" economic downturn in 60 years which will be "more profound and long-lasting" than people had expected, Alistair Darling, the chancellor, has told the Guardian today. In the government's gravest assessment of the economy, which follows a warning from a Bank of England policymaker that 2 million people could be unemployed by Christmas,... [read full story]
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Analysts and the chancellor temper the bleakness of his Guardian interview A large bill board discussing the need for more miners during the manpower shortage in 1947. That, on the face of it, was what Alistair Darling...
Gordon Brown has defended his record on tackling the economic downturn, saying the government was proving "resilient in... dealing with these problems". The prime minister's comments at an EU summit followed denials of a...
