UK economic growth slowing down

UK economic growth has slowed down. A further recession is "unlikely" but risks remain. The rate of UK economic growth slowed in the last quarter of 2010, according to data revealed by the British Chambers of Commerce (BCC). BCC statistics showed that the economy expanded by 0.4 - 0.5% in October to December, down by 0.2 % from the July to September figures. The slowdown was attributed to service sector weakness. The Chamber highlighted that although a further hit to the British economy is "unlikely" the risks of another recession remain.