The UK is not out of recession!The Office for National Statistics has calculated that UK GDP continued to shrink in the third quarter of 2009, falling by 0.4%. This makes this recession the longest since records begain in 1955. City traders have criticised economists for over optimistic forecasts, and the value of sterling has fallen on the news. However, these figures may be revised slightly as they are only a first draft.
read more in The Times
read, watch and listen on the BBC
UK likely to be last out of recession - The Guardian
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