Office for National Statistics

Billionaire investor George Soros has warned the Chancellor's austerity budget will return the UK to recession unless the government curbs its spending cuts.

The British economy grew by 0.7% in Q3, lower than the previously estimated figure of 0.8%.

Public sector borrowing hit a record high in November, said the Office for National Statistics.

Unemployment rate has increased to 7.9% for the three months to October, up 0.1% on the quarter, according to latest figures from the Office for National Statistics (ONS).

Wealth levels per person in the UK hit their lowest level for five years in 2008 as a result of the financial crisis, although they have since rebounded.

The UK's trade deficit narrowed marginally in September but the improvement was tempered by a slowdown in manufacturing.

The UK's economy grew at 0.8% between July and September, higher than most economists had expected.

The UK's trade deficit narrowed marginally in August in line with expectations but imports dropped more than exports in a sign domestic demand may be softening.

CPI inflation remained at 3.1% in September but the figure is still well above government targets.

UK industrial output declined 0.5% between May and June, driven by a hefty fall in oil and gas production, according to the Office for National Statistics (ONS).