Summary
YESTERDAY, the news from the Office for National Statistics was grim. The economy contracted by 0.8 per cent between April and June, more than double the figure analysts had expected.
The annual rate of decline is 5.6 per cent, the biggest since records began in 1955.See the full content of this document
Extract
This Dishonesty About Debt Is Fooling No One ; Comment
Already, the recession is more than double the depth of that which took place in the early 1990s, and is fast approaching the level of the dreadful slump at the begin...
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