British finance minister paints bleak picture of economy
(AFP)
British News
AFP - Britain's economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.
Source: Yahoo! News: World - Britain
British economy
European Business News
AFP - Britain's recession-battered economy shrank at its fastest pace in more than 50 years during the first quarter of 2009 in the worst global slowdown in decades, revised official data showed on Tuesday. Source: Yahoo! News: Business - European Economy
Apparently today the recession will officially be over in the UK. Most people, especially people with their own business aren't that optimistic though.
The government have release a bunch of facts and figures showing that things are on the rise, but obviously they are not showing the full story and it will be a good while yet until everything is really back to some kind of normality.