So ever since the year's begun it's all about the recession ... and the bad snow :(
Woolworths closed down entirely; the Bank of England has interest rate cuts; record falls in inflation; The Office of National Statistics officially announces recession on 23rd January (the first one since 1991); we've been labeled as having the biggest shrink in the economy (of the advanced nations); raise in housing prices; increasing unemployment; and so on.
This year seems to be more tangible in terms of feeling the recession ever since it started a few years back; 2006 ... 2007?
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