The GDP figures for the last three months of 2012 will be released this morning and could show that the UK has entered another period of recession.
The economy is officially in recession if the figures show that GDP - the amount of goods and services produced by the UK - has contracted for a second quarter in a row.
Business leaders at the World Economic Forum cautioned against complacency amid optimism that the eurozone is emerging from its crisis.
The Chancellor blames GDP figures on the crisis he inherited, and troubles abroad. As criticism mounts, his position becomes more difficult.
Unusually frank words for the government from one of the City's top economists on today's dismal GDP figures.