The Bank of England Governor says that despite a resilient labour market, the economy has barely grown over the past two years.
Sir Mervyn King said: "The unexpected weakness reflects the impact of the euro area crisis and its effect on confidence and bank funding costs - and the sharp squeeze on real incomes from higher-than-expected world energy and food prices."
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A rollercoaster has reportedly come off the rails at a theme park in Scotland.
"I saw a lot of smoke come out from the tail-end of the aircraft. I wondered if it was normal, whether it was just exhaust fumes."
The House of Commons Petitions Committee has said they will keep an eye on the petition and are concerned about fraudulent signatures.