Britain will be only nation still in recession next year

Independent
"The British economy is heading for its worst year since the Great Depression, according to the latest predictions from the International Monetary Fund (IMF).The fund shocked analysts during a briefing in which it was revealed that the UK will see its economy shrink by 3.8 per cent in 2009, and a further 0.2 per cent in 2010 – the only large economy predicted to still be in decline next year as well as this.Some believe that the scale of the downturn signals the UK moving from recession to depression."