OBR

The UK economy may see little or no growth in 2013 in what could represent a 'groundhog year' for Britain, a thinktank has warned.

The UK is not heading towards a triple dip recession, the Treasury chief secretary has said.

Britain could lose its AAA credit rating after George Osborne admitted he will miss his target to reduce Britain's debts and have to borrow an extra £100 billion.