Office for National Statistics
Double Dip Recession in UK Proves Austerity Doesn't Work
By Ben Cohen: After enacting extreme austerity measure in the UK with the promise that cutting spending would solve the economic crisis, the Conservative government has a lot of explaining to do after it was announced last week that Britain was falling back into recession again. ...read more
OECD: UK Economy Back in Recession
The UK is heading back into recession and will be among the slowest of the world's largest economies to recover in the first half of this year, according to a study by the Paris-based thinktank, the OECD. Only Italy will struggle over a longer period to return to growth, ...read more