Britain's chancellor says he is cautious about what has been said during the worst of the crisis

The British Chancellor of the Exchequer, Alistair, said 24th he was "cautious" about what had passed in the worst of the downturn. "I am very cautious about this," Mr Darling said in a BBC show. I think the economy is expected to grow again by the end of the year. As I mentioned in the budget, I still have not changed my view, but ... There are a lot of uncertainties. "The economic problems of Germany and Spain and the plight of the U.S. economy underscore the need for caution," Mr Darling said. He also said there are still problems in European banks that need to be cleared up. 　　But he notes that many countries have adopted strong fiscal and monetary measures, "which will work." Britain's economy fell 1.9% in the first quarter, falling for the third consecutive quarter, according to statistics released May 22 by the ONS. The British government expects the UK economy to fall 3.5% in 2009, but it is expected to start rebounding in the fourth quarter. Many private forecasters believe the rebound will take more time and may not be as strong as the official forecasts. (according to Xinhua)