Britain on brink of recession after shrinking in third quarter (AFP)

Tower cranes next to St Paul's Cathedral in central London, April 2008. The British economy is on the edge of a recession, according to official data on Friday which showed that it shrank by 0.5 percent in the three months to September, for the first time since 1992.(AFP/File/Shaun Curry)AFP - The British economy is on the edge of a recession, according to official data on Friday which showed that it shrank by 0.5 percent in the three months to September, for the first time since 1992.


AFP

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