The double-dip recession will be officially declared over this week when the Office for National Statistics reveals that the economy grew by around 0.7pc in the months to September. The return to growth will end nine months of contraction in which the economy shrank 1.1pc as the austerity measures, high inflation and the eurozone crisis took their toll. However, economists have warned that the underlying state of the economy remains weak. In its first estimate of third quarter growth on Thursday, the ONS is expected to say that the economy grew by about 0.7pc. Samuel Tombs, UK economist at Capital Economics, said the ... (full story)