Britain stares at a second recession in little more than a year as growth stalls

Rainy days: The UK is at risk of falling into a recession (Jonathan Brady/PA) - (PA Archive)

New GDP figures on Thursday are expected to show the British economy once again staring at recession as growth grinds to a halt.

City economists expect data from the Office for National Statistics (ONS) to show that GDP fell back slightly in the fourth quarter of the year after business and consumer confidence slumped in the Autumn.