Figures to confirm longest recession for 50 years

BRITAIN'S longest double-dip recession for more than 50 years is expected to be confirmed in official growth figures today as eurozone woes continue with a growing belief that Spain is facing a full sovereign bail-out.

This morning, the Office for National Statistics is due to announce that for the third quarter running the UK's economy has shrunk. Analysts forecast a contraction for this year's second quarter of 0.2%.

This would mark the longest double-dip recession since quarterly records began in 1955 and it is believed to be the worst since the Second World War.

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