UK economy to be last to exit global recession, OECD says

Telegraph
"The Organisation for Economic Cooperation on Development, a Paris-based group of the world's richest countries, said the British economy is likely to still be stagnant by the end of the year. In stark contrast, it believes other leading countries such as America will have returned to strong growth.The UK economy will shrink in the third quarter and register zero growth in the fourth quarter, while America's economy will grow by 2.4 per cent in the fourth quarter and the euro Area's will increase by 2 per cent."