Britain's economy over the past 16 years is the first negative growth has been at the brink of recession

October 25, the United Kingdom to the latest official data showed Britain's economy for the first time in 16 years of negative growth, are at the edge of recession.
According to Britain's National Statistics Department released data, the United Kingdom in the third quarter to a negative 0.5 percent growth, more than previously expected. Economic analysts warned that in the next few months, the economy was shrinking even faster.
Negative growth since the end of the British in 1955 the longest continuous record of growth. If the fourth quarter of this year, Britain's economy continues to negative growth, then Britain will be officially entered a recession.
British Prime Minister Brown on the 24th that the current financial crisis is a global financial recession, the United Kingdom and other countries need to work together to resist recession. Brown said the British government is "put more money into the pockets of the people", including the increase in winter heating subsidies for the elderly and to the basic 120 pounds of taxpayers, such as tax cuts. Brown added: "We have seen the central bank has made an adjustment of interest rates, I believe that in the next few weeks they will consider further rate cuts."
Bank of England governor Mervyn King has recently warned that Britain's economy may be entering a recession, and economic growth will return to normalcy will be a "long way to go." Bank of England Deputy Governor Bean said, "This is only a crisis of life and the history of mankind may be the biggest financial crisis."
By the pessimistic news, the London FTSE 100 stock market index fell 204 points on the 24th, a drop of five per cent. Sterling exchange rate also diving, the British pound against the dollar for the first time in five years against the pound fell to 1.6 U.S. dollars less than once fell to a 1.58.
十月二十五日，英国官方最新公布的数据显示，英国经济十六年来首次出现负增长，已处于衰退边缘。 根据英国国家统计署发布的数据，英国今年第三季度增长为负百分之零点五，超过此前预期。经济分析人士警告说，在未来几个月，经济萎缩得甚至更快。
负增长终结了英国一九五五年以来的最长连续增长纪录。如果今年第四季度英国经济继续负增长，那么英国就将正式进入衰退期。
英国首相布朗二十四日表示，眼下的金融危机是全球性的金融衰退，英国需要与其它国家合作，共同抵御经济衰退。布朗称，英国政府正“放更多钱到人民口袋里”，包括增加老人的冬季取暖补助和给基本纳税人一百二十英镑的减税等。布朗还说：“我们看到央行已经做出了利率调整，我相信在未来数周他们还会考虑进一步降息。”
英国央行行长默文·金近日也警告，英国经济可能正进入衰退，而将经济增长恢复到正常状态将是一个“漫长的过程”。 英国央行副行长宾恩则表示，“这是一生才有一次的危机，并且可能是人类历史上最大的一次金融危机。”
受悲观消息影响，伦敦股市富时一百指数二十四日下跌二百零四点，跌幅为百分之五。英镑汇率也出现跳水，英镑兑美元五年来首次跌至一英镑兑一点六美元以下，一度跌至一比一点五八。