Chancellor George Osborne warned 'there may be bumpy times ahead' for Britain's economy.
The annual GDP growth added up to 2.2% in 2015, well below the 2.9% increase reported in 2014.
The current account deficit remained high at 3.7% of GDP in Q3, while the labour market looks encouraging.
In bad news for George Osborne the economy could not continue its strong growth from the second quarter.
Nationalists to heap pressure on Labour over Trident replacement with 'early debate' in the Commons.
Weak data could prompt Beijing to unveil additional stimulus measures.
Another blow to country already reeling from political turmoil and unpopular austerity programme.
The nation is expected to miss 2015 targets despite yuan devaluations.
Rate of contraction revised up to 0.3%, from 0.4%, due to inventory gains.
Germany's DAX was the biggest riser, jumping 2% on the news, while the FTSE 100 gained 1.3%.
Period measures did not include times of capital controls and closure of Athens Stock Exchange.
Gross domestic product in the UK was estimated to be 0.7% higher in the second quarter of 2015
BOE announced that its Monetary Policy Committee decided to keep the size of the quantitative easing programme at £375bn.
The chancellor will be boosted after the ONS said the UK economy grew by 0.4% at the start of 2015.
Borrowing went down 9.44% in the financial year to March 2015, compared to the year to March 2014.
Agreement expected to be submitted to IMF executive board for consideration.
The ONS announces GDP grew by 0.3% but the Bank of England expects a revised estimate.
Chancellor George Osborne urges Whitehall departments to make more cuts in effort to wipe off deficit in 2018-19.
As of end-2013, country had net wealth of 11,039tn won, up 3.5% from 2012, according to data released by Bank of Korea and Statistics Korea.
China's total debt has quadrupled since 2007 to reach $28tn by mid-2014, says research from McKinsey Global Institute.
In the first quarter, Britain's growth rate halved to 0.3%.
Osborne says surplus will run at 0.3% of GDP by the end of the decade