Flanders explains GDP figure
25 April 2012 Last updated at 11:57 BST
The UK economy has slipped back into recession.
The latest output figures show there was a fall in growth of 0.2% between January and March 2012.
That follows a contraction of 0.3% in the last three months of 2011.
The BBC's Economics Editor, Stephanie Flanders said, "We are in unknown territory; it's worse than the '20s and worse than the 1930's".