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Wednesday, 05 October 2011 09:47 | 
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According to the latest figures from the Office for National Statistics (ONS), the UK economy experienced growth of 0.1% in the period between April and June 2011 - lower than the 0.2% that had been previously estimated.
The data also showed that output from the service sector increased by 0.2% - markedly less than the 0.5% growth that had been posited - and that household consumption fell by 0.8% in the three-month period in question.
These revelations alone paint a gloomy picture of the UK economy, but further bad news came on Wednesday. Tesco, the country's largest supermarket chain, reported a fall in underlying UK sales in the 26 weeks up to August 27 2011. Despite increasing its profits overall, the company noted its concern over the "generally challenging conditions" in the UK and Ireland.
The message from the ONS statistics and Tesco's interim report is relatively clear; although we may have weathered the brunt of the economic storm, the road to recovery in the UK will be a long and arduous one.
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