UK on brink of triple-dip recession

Britain remains on the brink of a triple-dip recession after figures confirmed the economy contracted by 0.3% at the end of 2012.

The Office for National Statistics (ONS) stuck by its previous estimate for the fourth quarter, although it now thinks the UK economy grew by 0.3% across the whole of last year, rather than previous guidance of 0.2%.%VIRTUAL-SkimlinksPromo%