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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This evening it'll become largely dry across the UK as the showers in the west gradually die down.
Multiple fatalities have been reported after an attack on a centre for disabled people near Tokyo, Japanese media reports suggest.
In a blog, basketball great Michael Jordan spoke out about the recent killings of both unarmed black men and police in the US.