UK first quarter growth unchanged

The UK's economy grew at 0.3% in the first three months of the year, official figures have confirmed. The figure from the Office for National Statistics is unchanged from the initial estimate it gave in April.

It confirms the UK avoided falling into a triple-dip recession, and suggests signs of recovery in the economy. On Wednesday the International Monetary Fund (IMF) urged the government to do more to stimulate growth as well as continuing austerity measures.