Labour reacts to announcement of drop in GDP
Labour MPs and party members have been reacting to today's GDP figures on Twitter
Where's the part-time Chancellor? Who will he blame this time? #Georgesmarvellouseconomicmedicine
From @HackneyAbbott on Twitter:GDP figures are really disappointing and worrying. The politics of this are irrelevant - ordinary people's quality of life is at stake.
From @TomHarrisMP on Twitter:The economy grew more in the last year of the Labour government than in all three years of the Coalition put together. #GDP
From @ralasdair on Twitter:
Business leaders 'not facing imminent financial crisis'
Business leaders at the World Economic Forum cautioned against complacency amid optimism that the eurozone is emerging from its crisis.
Defiant Osborne will not budge from policy of austerity
The Chancellor blames GDP figures on the crisis he inherited, and troubles abroad. As criticism mounts, his position becomes more difficult.
Top economist delivers harsh verdict on GDP figures
Unusually frank words for the government from one of the City's top economists on today's dismal GDP figures.