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: The Bottom Line: Don't count on a soaring loonie for long Greece makes payment but still no deal Shoppers Drug Mart acquisition boosts Loblaw's Q1 earnings Bay street reacts to Alberta's orange crush Apple faces probe over pressuring rivals like Spotify: report Take a tour of Twitter Canada's new digs (complete with a branded toaster) Three ways Alberta's NDP win will impact the oil patch Take a tour of Twitter Canada's new digs (complete with a branded toaster) The case against unpaid internships The role of online communities in innovation Should you invest in Japanese stocks? Is Adidas back in the race? Toronto home sales hit record high Drawing Conclusions: A look at what payday loans really cost Market Call Tonight: Top picks from Padlock's Don Lato The Bottom Line: Should you tell co-workers what you earn? A candid Warren Buffett responds to critics Why McDonald’s turnaround plan has no meat Market Call Tonight - Top Picks When should young Canadians start saving for retirement? 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'