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United Kingdom
United Kingdom
Chancellor Alistair Darling leaves Parliament after attending Prime Minister's Questions on October 8, 2008 in London.
GDP: 0.99%
Inflation: 3.78%
Unemployment: 5.4%
Markets: -34.2%
Gallon of gas: $8.09
Interest Rates: 3%


Both the Prime Minister and the Treasury chief say the British economy is likely in a recession. The pound is at a 6-year low against the dollar, and retail sales are down for first time in nearly 4 years. A $63 billion bailout for the banking sector offers some relief.

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NEXT: United States
Last updated November 14 2008: 9:27 AM ET
Sources: IMF, national statistics offices, central banks, stock exchanges, AIRINC
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