Regeneration in the newspapers: UK faces worst recession in modern history

Reports that the UK faces the worst recession in modern times, as well as news that the number of workers in Wales receiving less than the minimum wage is increasing feature in today's newspaper round-up.

The Daily Telegraph reports that Britain is facing the worst recession in modern history, with the economy expected to take an even deeper dive than it did in the 1930s.

In an editorial column, the Daily Telegraph also accuses the Government of failing to take what it sees as the necessary measures to save jobs - namely cutting personal taxes to stimulate demand, reducing business taxes and suspending the minimum wage.

The Western Mail reports that new figures show the number of workers in Wales found to be receiving less than the national minimum wage is increasing.

Meanwhile, writing in the Yorkshire Post, Iain Hasdell, government advisory partner at KPMG in Leeds, says that public sector funded bodies in the region will have to enter a period of austerity that will last several years.


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