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If I am reading it rightly I think this chart would tell you more about the Cameron-era policies than the depth of the crash.
I think the relevant data for the argument I am trying to make would be peak-to-trough GDP going in. My sense would be that the UK saw a greater decline in economic activity and more serious worsening of fiscal balance (even excluding bank bailouts) than other EU countries.
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If I am reading it rightly I think this chart would tell you more about the Cameron-era policies than the depth of the crash.
I read it as telling us about the UK's recovery from the crash, which would only be part down to Cameron policy...but also Labour policy and the Tory government before that...and the nature of how the UK was impacted in itself.
its complicated. And interesting that you can see the red wall on this map.