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Economy out of recession

The economy grew by 1% between July and September, meaning that the economy is out of its double-dip recession. But there are concerns from economists that the recovery is "fragile."

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David Cameron: 'We're on the right track'

The Prime Minister has hailed the GDP figures, saying, "we still have a long way to go, but I think these figures show that we're on the right track."

Remarking on the one-off figures included in the positive GDP figures, such as an extra working day and the Olympics, Mr Cameron said:

"There are always one-off figures but I do think they show an underlying picture of good and positive growth."

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