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UK economy to shrink by 3.5 per cent
23-04-2009
The British Chancellor of the Exchequer, Alistair Darling, has delivered his last scheduled budget before the government has to call a general election. Mr Darling promised to introduce measures to take Britain through the worst global economic downturn for 60 years. He told parliament that Britain had been badly hit by the global downturn and said the economy would shrink by 3.5 per cent this year -- its worst performance since the Second World War.