Summary
The UK is expected to suffer the worst slump of all advanced nations in the "deepest recession since the Second World War", world economists said yesterday.
All major economies are expected to experience steep falls in output in 2009, but the drop for Britain is forecast to be substantially greater than the average, according to the International Monetary Fund's (IMF) World Economic Outlook.See the full content of this document
Extract
Recession Will Hit Uk Hardest - Imf ; Economy
In an update to its November report, the IMF said it had revised down its expectations for the contraction in the UK economy, from 1.3 per cent to 2.8 per c...
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