Growth in the UK economy slowed in the three months to 30 June, partly because of the extra bank holiday in April.
Gross Domestic Product (GDP) grew by 0.2% in the second quarter, according to the Office for National Statistics, down from 0.5% in the previous quarter.
The ONS said growth had also been slowed by some other one-off factors, including the Japanese tsunami.
Chancellor George Osborne said the growth was good news, but Ed Balls accused him of choking the recovery.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.