The spectre of recession returned today after official figures revealed the British economy failed to grow at all in February.
The zero growth in GDP during the month was below forecasts of a 0.1 per cent expansion and means the UK remains stuck in a stagflation rut with inflation still running in double digits. The latest data from the Office for National Statistics showed that once again the wave of strikes over the winter hobbled economic growth with walkouts by teachers and civil servant contributing to the disappointing GDP figure for February.
