The rapidly shrinking UK economy

The UK economy stopped growing after the first quarter of 2008. Since then it has shrunk in real terms by 5.7 percent.

In the chart above, 100 represents the size of the UK economy back in 2005. This current recession has almost wiped out enough real GDP to bring the economy back to its 2005 level.

Brown's legacy could well be that the UK economy became smaller during his time as PM.