Shadow Chancellor Ed Balls on ONS figures and UK economy
25 January 2011 Last updated at 12:58 GMT
Shadow Chancellor Ed Balls claims the UK recovery has stalled and blamed Conservatives making cuts too quickly leading to people reining in their spending.
He said: "People are pulling in their horns because they are fearful about the future."
His comments came as British economy suffered a shock contraction of 0.5% in the last three months of 2010.