Saturday, 24 January 2009

Jon Snow talks to Alistair Darling

Link to article

Last Modified: 23 Jan 2009
By: Jon Snow

Chancellor Alistair Darling talks to Jon Snow on the day that official government figures confirm the UK is in recession for the first time since 1991.



Gross domestic product plummeted by 1.5 per cent in the last three months of 2008, after a 0.6 per cent fall in the previous quarter.

This means economic growth has fallen two quarters in a row, which is the accepted definition of a recession.