UK return to recession "very, very disappointing:" PM
LONDON (Reuters) - Figures showing Britain's economy fell back into recession in the first quarter of this year were "very, very disappointing", British Prime Minister David Cameron said on Wednesday.
"I don't seek to excuse them. I don't see to try to explain them away. There is no complacency at all in this government in dealing with what is a very tough situation that frankly has just got tougher."," Cameron told parliament.
Britain's economy unexpectedly slipped into recession in the first three months of this year, shrinking 0.2 percent after a 0.3 percent fall in the last three months of 2011.
(Reporting by Matt Falloon, Editing by Mohammed Abbas)
- Merkel says tightening Ukraine-Russian border is key to peace deal |
- Ferguson protest march marks two weeks since police shooting |
- Gaza gunmen execute 'collaborators'; mortar kills Israeli boy |
- U.S. hostage rescuers dropped from night sky: Syria activist
- Islamist militants on rise in Austria: government