Brown to calm economy fears

Gordon Brown has said the UK is well placed to deal with global economic crises, after figures showed sharp decline in house prices.

The prime minister said a 2.5% fall in March, recorded by the Halifax, should be seen in the context of 10 years of big increases and low interest rates. He added that the government was not a "spectator" and was "always vigilant" on global economic difficulties. He insisted the UK was in a much better position than in the early 1990s.

The next question is... Gordon what to you take, because the man is under strong illusions!