When the Chancellor talked about a fall in the economy of 25%, it sounded a lot but what does that actually mean and how does it compare with previous recessions. In short, how significant and historic a moment are we living through?
There are so many numbers flying around it is sometimes difficult to get a real grip on what they mean. So in this short video I have set the fall in GDP into context so you can get an idea of how today's troubles compare with those of previous years.
Is this a time our grandchildren will be learning about in history lessons?
In this short video, you can see how the current recession compares with those in previous years and get some handle on the numbers politicians and journalists keep throwing around.
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