Osborne faces MPs' fury as he 'shrugs off' recession fear

George Osborne faces a rough ride from MPs on Tuesday as fears mount that Britain is heading into a triple-dip recession.

With the economy having shrunk in the final quarter of 2012, odds are shortening that it will do so again in the first three months of this year.



The cold snap of the past ten days will have hit the economy at a time when the country needs all the activity it can get.



Storm ahead: George Osborne is due to answer MPs about economic figures

The Chancellor is due to take Treasury questions in the Commons on Tuesday, and is likely to face a stormy reception after figures on Friday showed the economy shrank by 0.3 per cent in the last three months of 2012, more than the 0.1 per cent fall expected by City analysts.



Responding to the figures, Osborne said they were ‘a reminder that last year was particularly difficult’.

