News - UK unexpectedly still in recession

[HEXUS]

Q3 GDP figures have surprised everyone by revealing the UK economy shrank once more last quarter.

Read more.

[nichomach]

Errm...I'm not surprised? I was listening to R4 weeks ago and I'm pretty sure they had economists on predicting certainly no growth and probably a slight contraction in Q3, hoping for growth in Q4 but more likely in Q1, 2010?

[Brewster0101]

Alistair Darling gets yet another thing wrong. Its no surprise really. I think the other countries that have moved out of their recession will look at this fact and look at the UK in a different view. The UK as a country of industrie and investiment is getting weaker and weaker all the time.

Gone are the days where London was the place to have your business and money. Current government has bleed the economy dry, probably never have the status in the world it once did.

[Agent]

Speculators speculating speculated wrong again. What a surprise.

[aidanjt]

Speculators speculating speculated wrong again. What a surprise.

Especially since it's the same speculators that speculated that the debt was sustainable.