The UK economy grew at a slower rate between April and June than previously thought, official figures reveal today, as the country's recovery nearly ground to a halt.
Bank of England governor Mervyn King warned of "a choppy recovery" for the UK economy today as he braced households for slower growth and stickier than expected inflation.
Stock markets suffered further turmoil today after Asian equities tumbled overnight amid renewed concerns over Europe and fears for global economic recovery.
The fragility of the UK's recovery was highlighted today as official estimates showed weaker than expected economic growth in the first three months of 2010.