The International Monetary Fund (IMF) has slashed the UK's growth forecasts for 2013 and 2014 and warned that the private sector is being hampered by a lack of credit and economic uncertainty.
The IMF cut this year's forecast growth from one percent to 0.7 percent, while cutting the projection for 2014 from 1.9 percent to 1.5 percent.
The body noted that the UK's financial recovery was "progressing slowly".
More top news
One of the world richest and most influential philanthropists has told ITV News that governments failed to act fast enough over Ebola.
Chewing gum manufacturers must help pay the multimillion-pound bill for cleaning up discarded pieces, councils have said.
The first volunteers from the NHS depart for Sierra Leone today to join the continuing fight against Ebola.