The economy has recovered slower than expected in the first three months of 2010, according to data released by the Government. As per the figures of the Office for National Statistics (ONS), the economy only grew by 0.2% than the expected 0.4%.   
This was confirmed by economists earlier, who had warned that a full scale recovery will still take some time to begin. A major reason of the economy not recovering as per expectations can be attributed to heavy snowfall in January which derailed the process.      
The latest figures have produced varied reactions across the political spectrum. They have been welcomed by the sitting government officials, as it feels that the additional £600 million would help the economy recover sooner.
The opposition feels that a lot still needs to be done before the economy can come back on track.  But analysts are not overly concerned with these figures. There are few who maintain that the economy will not be out of the woods before 2012.   
The demand from construction, hotel and restaurant as well as retail sectors was not very encouraging according to figures. But telecom, business services and financial sectors are witnessing improved demand and a better rate of growth.
These reports are being eyed cautiously by various business sectors and business confidence and export orders are witnessing a better demand. The demand is increasing slowly across the business sectors according to different industrial reports.