Britain has avoided a triple-dip recession according to the latest figures from the Office for National Statistics.
The figures showed that GDP grew by 0.3 percent in the first three months of this year.
A recession is defined as two or more consecutive quarters of negative economic growth.
Official figures revealed Britain dodged a much-feared triple-dip recession with growth of 0.3% in the first three months of the year.
Today's news that a triple dip recession has been averted means very little in economic terms, but politically it is critical.
The latest GDP figures show Britain has avoided another recession, but the long-term picture is of an economy that remains resolutely flat.