23rd October 2009 and the UK still has not exited the recession, according to latest figures released today.
The Office for National Statistics (ONS) published their latest data this morning which show a decline in the British economy - for the sixth quarter in a row.
It looks as though this recession is now as bad as that of the 1979 - 1981 period, with output in industrial, services and construction down still down. Unemployment is still rising with the number close to 3 million.
What has this - apparently shock - news done to the Pound sterling?
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