Snaptu: Shock as UK economy shrunk by 0.5% at end of 2010

• ONS blames wintry weather for most of the contraction

• Economists now fear 'stagflation'

• Pound and FTSE 100 fall

• What the economists say

The UK economy shrunk by a shock 0.5% in the last quarter of 2010 as Britain's recovery from recession…

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