Treasury says sees risk to recovery despite GDP bounce

LONDON (Reuters) - The Treasury said that there were still risks to economic recovery despite a bigger-than-expected upward revision to fourth-quarter GDP growth on Friday.

"While it is welcome to see an upward revision, recent data in the EU and elsewhere has indicated that there are risks and uncertainties to this recovery, and there is no room for complacency," a Treasury spokesman said.

"Withdrawing support that has helped us get to this point would put the recovery at risk."

The Office for National Statistics said the economy grew by 0.3 percent in the last three months of 2009, faster than the 0.1 percent it had originally estimated in January.

(Reporting by Sumeet Desai and David Milliken)