Britain will be hit harder than any other advanced nation in the worst recession for more than 60 years, world economists warned last night.
In the bleakest assessment yet of British prospects, the International Monetary Fund (IMF) forecast that the economy would shrink by 2.8 per cent this year, twice as much as it previously thought and far more than the 2 per cent average drop for developed nations in 2009.
The stark figures are a severe blow to Gordon Brown, who has continually insisted that Britain is better placed than most countries to weather the downturn. The IMF outlook suggests that the recession in Britain will be deeper than that in the United States, Italy, France and elsewhere....
Scholium wrote: "The stark figures are a severe blow to Gordon Brown, who has continually insisted that Britain is better placed than most countries to weather the downturn." Wrong again Gordon! At least Gordon can blame the last Chancellor of the Exchequer. Oh Hang on that was him wasn't it. Luke 16:13 No servant can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon. God won't bless a people who reject Him. Trouble is in UK today we don't have much of a real church left. I blame "free will" religion.
Of course you do. It would be confusing if you didn't.