UK to Shrink 3.5% in 2009: Darling

Wednesday, 22 Apr 2009 | 7:30 AM ET

UK Finance Minister Alistair Darling said the UK economy would shrink by 3.5% in 2009, as he unveiled the annual budget Wednesday. Geoff Tresman from Punter Southall Financial Management, Jeremy Cape from Denton Wilde Sapte and Dr Madsen Pirie from Adam Smith Institute discuss the budget.