The biggest slump in output since the aftermath of the Second World War could set Britain's economy back five years

Daily Mail
"But the CEBR's managing economist Ben Read said: 'Our emerging
central scenario suggests a contraction of 2.9 per cent, driven by a
steep fall in business investment of 20 per cent due to continued
restrictions on bank lending, as well as firms slashing budgets in
order to stay afloat.'This would be the biggest slump since 1946
when the UK was wrestling with the aftermath of the Second
World War and a freezing winter."
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Telegraph
Britain's economy is heading for its worst year since the notorious post-war winter-torn 1947 recession, experts warned on Tuesday, as official figures shed light on the scale of the downturn.