IMF: Britain's Recession Will Last The Longest

IMF: Britain's Recession Will Last The Longest

An IMF analysis predicts that the UK will be among the worst hit this year and the only major economy to experience negative growth across 2010.

It suggests that the global economy will shrink by 0.6% in 2009, compared to 3.8% in Britain. Japan's is the only major economy that will fare worse this year, contracting by 5%.

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