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Iceland's PM isn't the only one guilty of ignoring the evidence that a crisis was coming.
Britain is importing more and exporting less, and that's where the recession stems from.
The news was bad either way. So why does it matter which side it fell?
Paul Krugman gives a rough-and-ready model based on yesterday's Eurostat figures.
Indicies fall to 5-month low.
Could the panic buying have boosted GDP?
It’s time for a heavyweight at the Old Lady of Threadneedle Street.
Ernst & Young's Item Club claims Britain will "stall until 2013".
Solid growth, despite falling short of expectations.
EU trade rises, but doesn't offset fall in non-EU trade.
Policy should focus on wellbeing, opportunity and sustainability.
Economy enters 50th month in depression
Surprising new ONS figures show manufacturing predictions were overly optimistic.
New export orders rise for the third time in the past four months.
Business optimism is rising at its fastest rate since 2007, according to a new survey from Deloitte.
New economic forecasts from the OECD show how bad austerity has been for growth.
The UK is forecast to recover at a slower rate than every G7 country except Italy.
The think-tank estimates growth for Q1 2012 to be -0.1 per cent, putting Britain in a technical doub
The ONS revises growth down for another quarter.
Has the typical family gained from the UK's growth since the 1970s?
Industry, manufacturing and agriculture remain weak, while public sector output grows month-on-month
When a nation decides to count assets as well as incomes, it has to face some difficult questions.