Economy U.K sinks deeper into recession Add to ... Reuters Video Published Thursday, May. 24 2012, 10:23 AM EDT Last updated Thursday, May. 24 2012, 10:24 AM EDT The U.K. is already in a double dip recession - but it was deeper in the first quarter of the year than was first thought. The U.K. is already in a double dip recession - but it was deeper in the first quarter of the year than was first thought. Watch More Video: U.K sinks deeper into recession David Rosenberg on the bullish case for stocks Know your shareholder rights Your steak will cost more after California drought Zimbabwe crocodile farm forced to cut cost, eliminate meat from diet Lululemon's newest problem? Fierce competition How this man found a new livelihood from dog poop Business frustrates sanctions calls The great British farmland boom Microblogging service Weibo goes public on the Nasdaq Tale of two brokers: Morgan, Goldman As newspapers struggle, Los Angeles gets another daily European car sales up but so are discounts Are Canada's retail stocks overvalued? Investors get a ringside seat on China reform New York Auto Show: High style and hybrid hopes Why Lightwater's Jerome Hass likes these stocks How Spirit of Math became Canada's largest ‘after-school school’ Market View: Did Poloz engineer a lower loonie? Metro beats Street, boosts payout Reaction to the Yamana/Agnico/Osisko deal Comments AA More Related to this Story Economy Video: U.K. bank boss warns of continental 'storm' euro zone Video: IMF recommends U.K. rate cut Europe Video: U.K. to euro zone 'make up or break up'