2009 Was a Record-Breaking Year for All the Wrong Reasons ; Uk Homes and Firms Struggled in Worst Slump
Daily Post › December 29, 2009
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Summary
FEW households and firms struggling to weather the UK's longest recession since official figures began will look back with any fondness on a year which has thrown up a raft of unwanted economic and financial records.
Royal Bank of Scotland (RBS) provided the unwelcome corporate lowlight in February as the banking basket-case produced record annual losses, while one measure of inflation turned negative for the first time since 1960.See the full content of this document
Extract
2009 Was a Record-Breaking Year for All the Wrong Reasons ; Uk Homes and Firms Struggled in Worst Slump
The UK has also seen the deepest manufacturing slump in almost 30 years, record personal insolvencies and a 24-year low for the beleaguered pound. Here we give the top ten financial and economic records for 2009: The recession: An unprecedented sixth quarter of recession bet...
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