A Day in the Life

I read the news today oh, boy, About a lucky man who made the grade And though the news was rather sad Well, I just had to laugh...

BBC:

There's no disguising how grim these figures are. Almost every City analyst expected there to be positive growth in the third quarter. Instead it was negative.

That means the recession in the UK is the longest since modern records began in the 1950s.

Germany, France and Japan have all come out of recession technically and the UK hasn't. The decline has continued.

And the markets didn't really like the look of that. The foreign exchange markets have been selling the pound.

There's every indication that it's going to be a long hard slog for quite some time to come as the British economy tries to turn itself round.

Will no-one rid us of this dangerous egomaniac?

"Britain is better placed than any other economy to face the slowdown in the world economy."