GDP

The UK has just managed to avoid a technical recession, according to the National Institute of Economic and Social Research (NIESR), but output is unlikely to reach 2008 peak levels again until 2014.

As data from China shows growth is already slowing, managers assess the government's response and the implications for investors.

The Boston Company AM's Saffaye analyses recent US data.

The improving strength of the UK's manufacturing and services sectors should ensure the economy avoids a double-dip recession, said the British Chambers of Commerce.

UK EQUITIES

GOSLING'S GROUSE

INDIA

US real GDP increased at an annual rate of 3% in the fourth quarter of last year, according to the third and final estimate from the Bureau of Economic Analysis (BEA).

Mike Riddell, bond fund manager at M&G, has warned investors the recovery in the UK is weaker than the one seen after the Great Depression in the 1930s.

The UK economy shrank more than previously feared in the final quarter of last year, the latest official figures have revealed.