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Recession Over

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Britain's Prime Minister Says Worst of Recession Over

The worst of the recession is over and Britain's economy will slowly recover in 2010, Prime Minister Gordon Brown said in a New Year's message Wednesday.In his message, broadcast from his official Web site, Brown said that he is confident that unemployment will start to drop and more small businesses will begin to flourish in the coming year.His last year-end message was more somber, warning about the difficulties of coping with the economic downturn.Brown said Britain has learned from previous recessions and that his government's decision to intervene in the banking sector has paid off."We have already seen off the worst of the recession," he said, adding that his first priority for the new year is to secure the recovery while cutting the deficit.The leader promised to "get Britain moving again" by investing in areas including high-speed rail, aerospace and clean energy. He also said counterterrorism will be his focus next year.Brown did not mention the general election that must be h...

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  1. Britain's Prime Minister Says Worst of Recession Over

    The worst of the recession is over and Britain's economy will slowly recover in 2010, Prime Minister Gordon Brown said in a New Year's message Wednesday.In his messa...

  2. Economic Panel Predicts Positive Growth in 2010, but Still High Unemployment

    Leading economists who just last month declared the end of the recession, which began in December 2007, but warned of continued job struggles, said today in a new su...

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    Federal Reserve Chairman Ben Bernanke says the worst recession since the 1930s is "very likely over" — in spite of near-10 percent unemployment. YOU DECIDE: Do you t...

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    Economists have proclaimed the recession over , but tell that to the millions of people unemployed.

  5. Congress' Agenda Gets Longer

    Will national security trump health-care reform when lawmakers return to Capitol Hill?

  6. Recession Is Officially Over

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    Fox's Griff Jenkins hits the ground on Main Street to see if the recession really over

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