BBC's Gloom and Doom
But what do they know, eh? The UK is uniquely well placed to ride out this global problem. First Citizen Gordon told us so himself.
World economic growth is set to fall to just 0.5% this year, its lowest rate since World War II, warns the International Monetary Fund (IMF). The IMF projects the UK, which recently entered recession, will see its economy shrink by 2.8% next year, the worst contraction among advanced nations.
In another gloomy view of the UK economy, the Institute for Fiscal Studies (IFS) said Britain would be saddled with government debt for more than 20 years.
In another gloomy view of the UK economy, the Institute for Fiscal Studies (IFS) said Britain would be saddled with government debt for more than 20 years.
But what do they know, eh? The UK is uniquely well placed to ride out this global problem. First Citizen Gordon told us so himself.
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