UK GDP is estimated to have risen by 0.1% in February and the figure for January has been revised up from 0.2% to 0.3% growth, raising expectations that the UK will avoid a prolonged recession.

Almost two-thirds of Britons expect the UK to enter a recession this year, with just a fifth confident that one will be avoided.

The latest figures from the ONS day show that the UK avoided recession in the fourth quarter of 2022 but there was zero growth.

Latest government figures out today which show a rise in GDP of 0.1% should be treated with caution, investment experts say.