The global recession grew steadily worse throughout 2008 .
The global recession saw large falls in the stock market at the beginning of October when Britain 's leading share index , the FTSE100 , recorded its largest single - day points fall since 1987 .
The global recession grew steadily worse throughout 2008 , and saw large falls in the stock market at the beginning of October when Britain 's leading share index , the FTSE100 , recorded its largest single - day points fall since 1987 .