Kevin Brown comments on latest GDP figures.

Significant challenges remain for the Chancellor
These are not the figures the Chancellor would have wanted ahead of a raft of tough spending decisions. She needs to find money for higher defence spending alongside the domestic demands of an ageing population and a rising benefits bill. Growth would have given her some reprieve, but the UK economy continues to flounder – remaining flat and quite vulnerable.
Significant challenges remain and the knock-on effect for UK households remains uncertain. But wherever possible, if families are able to save and invest what they can, they will be able to provide their own certainty of greater financial resilience for the future.