Britain 'bottom of the economy league'

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Last Modified: 28 Jan 2009
By: Siobhan Kennedy

The British economy is set to shrink faster than any other in the developing world, according to the International Monetary Fund. Siobhan Kennedy reports

The IMF's World Economic Outlook report says world economic growth will fall to a near standstill this year - the worst forecast for 60 years. And it warns Britain will be the hardest hit of all.

The Conservatives said it showed the "true cost of Gordon Brown's failure" but the prime minister insisted he was taking the right action to get Britain through the global recession



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