On October 24th 2008, the UK economy started to contract in the first sign of the recession taking hold.
This came as the International Monetary Fund announced £1.3 billion worth of aid to Iceland to prop up its ailing banking system, as other countries started to feel the economic shockwaves.
To commemorate the five years since the recession started, HuffPostUK presents five people who shot to fame for good reasons, or more notorious ones.