Highest UK unemployment for 17 years
The latest official jobless figures show that unemployment is continuing to rise - and is now at its highest level for 17 years.
Youth unemployment has also increased, with more than a million now out of work.
Meanwhile the Bank of England has cut its 2011 and 2012 growth forecasts to about 1%.
Sir Mervyn King said the global economic outlook had "worsened" and the economy could stagnate until the middle of next year.
The BBC's chief Economics correspondent Hugh Pym reports.
16 Nov 2011
- From the section Business