Official figures on the state of the UK economy released today are expected to show gross domestic product (GDP) has recovered to pre-recession levels.
- GDP is forecast to have grown 0.8% in the second quarter of the year, maintaining the pace of the first quarter
- Growth in the first three months of the year was just 0.6% of its previous peak in early 2008
The Chancellor has hailed today's figures as a major milestone and there is a lot of optimism, but is it being felt by ordinary people?
The IMF has again raised its forecasts for Britain's GDP growth - just a year after warning that the Chancellor was "playing with fire".