It comes in contrast to other major European countries including Germany, France and Spain where growth exceeded expectations.Read the full story ›
The Chancellor has said it appears clear from forecasts that "inflation is back" and could be a concern for the economy.Read the full story ›
The Chancellor has said he is confident Britain will have a "very constructive dialogue" with the US on trade when Donald Trump takes office as president.
Philip Hammond said: "We look forward to working with the new US administration.
He added: "We have very strong and close ties with the United States and as we begin the process of of negotiating our exit from the European Union, of course we will want to talk to the Americans about future opportunities for deepening our trade link with the United States."
Mr Hammond's comments came as he hosts talks in London with a Chinese delegation aimed at also deepening UK-China economic and trade relations.
A report by Chatham House said that foreign capital and immigration helped Britain bounce back after the 2008 crash.Read the full story ›
Japan's Nikkei has closed 2.4% down following a day of market worldwide market volatility.Read the full story ›
The IMF said that the in/out referendum on UK's membership of the EU should happen soon due to "uncertainty" it is causing to the economy.Read the full story ›
In the week that the Conservatives focused their campaign on the economy, the Office for National Statistics released disappointing growth figures.
The UK grew by 0.3% during the first quarter of 2015, half the 0.6% rate seen in the final quarter of 2014 and the weakest quarterly growth since the end of 2012.
David Cameron said it was a "timely reminder that we cannot take recovery for granted".
ITV News' James Mates reports:
Nicola Sturgeon has said that today's slow economic growth figures " highlight the need for an alternative to austerity".
Ms Sturgeon called for "modest spending increases" and "investment in actions to get our economy growing faster, to get more people into jobs and to raise our revenues".
UKIP leader Nigel Farage has said that today's slow economic growth figures "will be very disappointing for the government".
He said: "Their whole general election pitch is that there's growth in the economy... I've felt for too long that actually not many people are feeling the benefits."
Liberal Democrats Treasury Secretary Danny Alexander insisted the economy was continuing to make progress but that more needed to be done.
"The British economy is recovering well, but these figures remind us that there is still work to do to secure the recovery," he said.