UK economic growth - doom & gloom or rosy, figures in today

Key UK economic growth figures are published later that will show whether the economy has rebounded from the contraction at the end of last year or fallen into a double-dip recession.

The economy shrank by 0.5% in the final three months of last year due to heavy snow, taking most analysts by surprise.

The market expects GDP to have returned to growth between January and March.

Chancellor George Osborne, who has already seen the figures, said the economy was "on the right track".

But he also told cabinet colleagues on Tuesday: "Clearly it is still difficult"
BBC News - Key UK economic growth figures to be published

I wish they would stop using that double dip phrase, it seems they want to scare us back into recession