Money Talks | 20.11.2008 | 00:30
From Economic Powerhouse to Sick Man of Europe
No country or sector seems to be entirely immune from the global financial crisis. But some appear to be worse affected than others. Among them: that former poster child of economic success – Britain.
After sixteen years of uninterrupted -and often buoyant - growth, the UK has just recorded a dip in output. Even the British government has admitted a severe recession is on the way. And some economists say it could be the deepest in the western world. So how will Britain cope with the effects of recession?
Report: Stephen Beard
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