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Old 09-01-2008, 05:05 AM
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Post Britain facing worst economic conditions for 60 years

In an interview with the Guardian newspaper, Chancellor Alistair Darling said the UK is facing the worst economic downturn in 60 years and it will be ‘profound and long lasting’. Mr Darling’s stark warning comes as the Nationwide revealed that the average house price has fallen by 10.5% over the last year – this represents the [...]

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