Official figures released by the Office of National Statistics show that GDP declined by 0.5% in the third quarter of 2008 (July to September). This is a bigger fall in output than had been expected and the biggest fall in economic growth since 1990.The BBC is running a day long coverage of the downturn which you can access here (or you could turn on your TV and tune in to the BBC News Channel). A running commentary is also available here.
Enjoy!
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