The British Chamber of Commerce recently surveyed 6,000 companies employing 680,000 people about the economy.
Sales, employment prospects, manufacturing, cashflow and investment were now all at record lows, the data revealed.
"It is clear that the UK economy is facing a very serious recession, and the downturn is deepening at an alarming pace," said the BCC report. "The results highlight a frightening deterioration in the UK economic situation."
Read more here: http://www.britishchambers.org.uk/6798219243425521400/economic-survey-results-are-worst-on-record.html
For a video interview from the BBC - click here: http://news.bbc.co.uk/1/hi/uk/7825632.stm
http://www.ukba.co.uk
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