Labour: How much more evidence do we need for plan B?
Labour MP Rachel Reeves said today's inflation report by the Bank of England which slashed growth predictions from 0.8% to 0% showed the government must accept their plan 'A' to cut the deficit and stimulate growth is not working. She said:
"The economy has now shrunk over the last two and a bit years, since the coalition came to power, unemployment is higher since the coalition came to power and the deficit has actually increased."
Tweets tell story of five years of economic crisis
ITV News has been asking people on Twitter to share their experiences on how the economic crisis has affected them in the last five years.
'Olympic effort' needed to get UK economy growing
The Bank of England has slashed growth forecasts from 0.8% to 0% and has admitted the road to recovery will be long and slow.
UK economy set for grim news from the governor
In a couple of hours time Sir Mervyn King, or "Mr Governor," will have some grim news for the economy.