Markets indicate UK economy half way to triple dip recession

Signs that the UK economy is half way to an unprecedented triple dip recession failed to reverse this week’s bullish mood on world markets.

UK gross domestic product (GDP) for the final three months of last year came in at a worse-than-expected 0.3%, but London’s FTSE 100 Index still added to gains of nearly 2% this week, up 11.4 points to 6276.2.