Hunt Plans 'Shallower Downturn' Amid Recession; Hunt Pledges £4.6 Billion More for Schools

As the economy officially enters a recession, Chancellor Jeremy Hunt seeks a "shallower downturn" by raising taxes and cutting spending to pay off state debt. The chancellor also says the government will invest an extra 4.6 billion pounds ($5.5 billion) in schools over the next two years. Flooding causes chaos on road and rail networks after heavy rain affects many parts of the UK.