Why is the economy flatlining and what does it mean?

Some key questions about what the latest GDP figures mean for the economy and people’s money

The latest official figures recorded gross domestic product of 0.0% (James Manning/PA) (PA Wire)

The UK’s economy flatlined in February, with the latest official figures recording gross domestic product (GDP) of 0.0%.

Chancellor Jeremy Hunt said the economic outlook is looking “brighter than expected”, despite the lacklustre reading from the Office for National Statistics (ONS).

Here are some key questions about what the latest figures mean for the economy and people’s money.