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Tackling Slump Holds Key to Victory ; ECONOMICS ANALYSIS

By: Duncan, Hugo | The Evening Standard (London, England), April 6, 2010 | Article details

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Tackling Slump Holds Key to Victory ; ECONOMICS ANALYSIS


Duncan, Hugo, The Evening Standard (London, England)


THE economy will take centre stage in what looks set to be the most fiercely contested General Election battle for a generation.

Gordon Brown today said Britain will go to the polls on 6 May after the longest and deepest recession since the Second World War.

Gross domestic product fell 6.2% during the 18-month slump, thousands of businesses collapsed, and hundreds of thousands of workers lost their jobs.

The economy finally started growing again in the final quarter of 2009 but expansion of 0.4% was hardly spectacular and all three major parties know the recovery is fragile.

The most pressing issue facing whoever wins power is to reduce Britain's …

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