UK GDP © ONS

News comments:
Here is the conclusion of a survey carried out by the FT a couple of weeks ago:

"Britain’s deficit-reduction programme will remain on track this year because tax rises and spending cuts will not stunt growth enough to cause a double-dip recession, according to a large majority of economists polled by the Financial Times.

In the survey of 78 economists, including 10 former members of the Bank of England’s monetary policy committee, 43 thought the deficit reduction plan would be “on track” by the end of the year."

Jan 4 FT.COM

Austerity won't trigger double-dip recession, economists say (Guardian)

Here are some of today's headlines:

UK suffers Double Dip (bloomberg)

Bank of England are useless (telegraph)