We project that the output of the economy in the three months ending in February was 0.7% higher than in the previous three months. These estimates suggest that the economy is growing at around its trend rate, and reinforce our view that there is no need for a cut in interest rates. Our track...

Today Programme, BBC Radio 4.

Our monthly estimates of GDP suggest that output grew by 0.1 per cent in the three months ending in April after declining by 0.2 per cent in the three months ending in March 2012. The UK economy has experienced a modest increase in activity over the past couple of months, but remains weak. With...