Page last updated at 18:10 GMT, Saturday, 10 January 2009

UK slump 'worst for 28 years'

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The UK economy shrank by 1.5% in the last three months of 2008, its worst performance in 28 years, a think tank has said.

The National Institute of Economic and Social Research also warned that the economic downturn is worsening.

Joe Lynam reports.

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