Apart from yellow furniture, white emulsion paint partially obscures the interior of a failed restaurant in the City of London, a victim of the UK recession. Around a recession-bled Britain, high-street businesses have been going bust in their thousands. Britain has now endured eight recessions since the Second World War. No two recessions are alike, and that applies to the current slowdown also. It has been caused by a shock to the availability of credit, a massive build up of debt. The number of people out of work currently stands at almost two million.
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