Economy shrinks again

GDP fell by 0.3% in the last three months of 2012, according to official figures released today. It could mean the start of another period of recession for the UK.

View all 6 updates ›

Increased living costs in struggling economy

It's not just businesses finding things tough in the current economic environment. Workers at Afon Wen laundry in Cardiff are tightening their belts. One describes ending any spending on leisure or luxuries, while others admit 'the lifestyle has definitely changed.'

More top news