There was a glimmer of light for the UK recovery today after revised figures showed the economy contracted by less than previously thought at the end of 2010.
Savers and motorists have suffered another blow as higher fuel prices helped keep rises in the cost of living over the past year well above the Bank of England's inflation target.
Hopes of a sustained recovery were fuelled today after official figures revealed Britain's economy grew by a better-than-expected 0.8% during the third quarter.
More expensive food and clothing offset falling air fares and petrol prices to keep the cost of living well above the Bank of England's 2% target today.
Britain saw the largest rise in employment since records began in the three months to July as official figures today revealed 286,000 more people secured jobs.
Savers were once again left reeling as higher air fares and food bills helped keep rises in the cost of living over the past year well above the Bank of England's inflation target.
Britain's economy expanded at a faster pace than first thought with growth of 1.2% in the second quarter of the year, a rate not seen for nine years, official figures reveal today.