Britain's economic output collapsed by 0.7% in the second quarter of 2012 as the country's double-dip recession extended into a third quarter.
But interests rates are still low. So, you know, profit!!!
Going to be bad when olympics-related program activities end.
oy
"We all know the country has deep-rooted economic problems and these disappointing figures confirm that. We're dealing with our debts at home and the debt crisis abroad. We've made progress over the last two years in cutting the deficit by 25% and businesses have created over 800,000 new jobs. But given what's happening in the world we need a relentless focus on the economy and recent announcements on infrastructure and lending show that's exactly what we're doing."
The "deep-rooted problems" are the policies of the government and the fact that the chancellor is the stupidest fucking person on the face of the planet.