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ft.com - 12/23/2008
FT.com / UK - UK economic downturn accelerates
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The recession in the UK economy in the three months to September was worse than previously thought, official data out on Tuesday showed, underlining the speed of the downturn. Gross domestic product shrank by 0.6 per cent between the second and third quarters of this year – the worst performance ...

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FT Alphaville:  Christmas (lunch) wrap

Trader Daily Combined Feed:  Britain Is A Sorry State

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Christmas (lunch) wrap
FT Alphaville — ... will be open for posting, commenting and reading as usual. Merry seasonal festivities from the Alphaville team! On FT.com, - UK economic downturn accelerates - Whittards ...

Britain Is A Sorry State
Trader Daily Combined Feed — ... of this year – the worst performance since the end of 1990 – the Office of National Statistics reported. That compares with an earlier estimate that the UK economy had contracted by 0.5 per cent in the quarter, and is worse than the consensus view of economists who had expected GDP to remain unrevised. The pound, which has moved closer to parity with the euro in the last week, came under renewed pressure following the release of the revised figures. Continue reading on FT.com

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