Darling in new alert on depth of recession

Alistair Darling warned on Tuesday that Britain was “far from through” the recession, in a clear signal that he will have to abandon the government’s forecast that the recovery would start in the second half of this year.
In an interview with the Financial Times, the chancellor repeatedly used the word “difficult” to describe the outlook, after economic data suggested his forecasts last November were over-optimistic and will have to be revised in this spring’s Budget.
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