The president of the European Central Bank says a recovery in the continent's economy is gaining "momentum" as finance ministers attempt to bolster confidence in the eurozone following Portugal's plea for a bail-out. 09 Apr 2011 EU ministers said that in return for an estimated €80bn in emergency loans, Portugal would have to commit to further structural reforms to bring down its budget deficit and debt. 09 Apr 2011 Larry Summers, President Obama's chief economic adviser for his first two years in office, has labelled Britain's plan to revive growth by tackling its deficit as "oxymoronic", in an unusually outspoken attack. 09 Apr 2011 This weekend 400 economists and central bankers have assembled in Bretton Woods, New Hampshire, to explore the way in which economic thinking needs to respond to the financial crisis, at a conference organised by the Geroge Soros-funded Institute of New Economic Thinking. Here is what some of the key figures have to say: 09 Apr 2011 The New Hampshire town of Bretton Woods secured its place in financial history only because air conditioning hadn't been invented by 1944. It remains famous as a rare example of economic superpowers working effectively together. 09 Apr 2011 The Chancellor has drawn up secret plans to water down public spending cuts if the economy does not recover, an influential committee of MPs will indicate. 09 Apr 2011 The rising cost of oil meant British factories increased their prices last month at the fastest rate in more than two years, raising fears inflation will be pushed even higher. Here, we look at UK inflation, from factory prices to food. 09 Apr 2011 The Producer Price Index (PPI) is a monthly survey that measures the price changes of goods bought and sold by UK manufacturers. 09 Apr 2011 The rising cost of oil meant British factories increased their prices last month at the fastest rate in more than two years, raising fears inflation will be pushed even higher. Here, we look at what six top analysts had to say about the figures. 09 Apr 2011 The rising cost of oil meant British factories increased their prices last month at the fastest rate in more than two years, raising fears inflation will be pushed even higher. 09 Apr 2011 Britain has no plans to offer the Portuguese government a direct loan as it seeks an international bail-out, George Osborne insisted on Friday. 08 Apr 2011 With the Independent Commission on Banking due to publish its interim report on April 11, Deutsche Bank have identified the pros and cons of two main options. Here is a summary of its analysis. 08 Apr 2011 European Union finance ministers told Portugal it would have to implement tougher austerity measure than those proposed by its outgoing government if it hoped to secure a bailout. 08 Apr 2011 Inflation at British factories hit its highest rate in more than two years in March, official figures showed, raising fears about the feed-through into the wider economy. 08 Apr 2011 Governments must reform the underlying structure of their economies to boost growth and create jobs, the Organisation for Economic Co-operation & Development has claimed. 08 Apr 2011 The housing market in the UK is becoming a tale of two halves. 08 Apr 2011 In the sun-soaked, cobbled squares of the historic centre of Lisbon, it was hard to detect any seething resentment behind the calm faces of the Portuguese people as the nation braced itself for yet harder times ahead. 08 Apr 2011 Pressure for the eurozone to sign off an improved rescue fund is mounting following Portugal's decision to apply for a bail-out. 08 Apr 2011 George Osborne has warned that Britain will face a sovereign debt crisis like Portugal's unless business and unions back the Coalition's spending cuts. 08 Apr 2011 Europe has stumbled into its next crisis but markets on Thursday remained calm, sanguine even, as the eurozone express continued to plough off the tracks. Only the peculiar autism of finance could produce such an odd reaction. 08 Apr 2011 More than €100bn (£87.6bn) of lending exposure to Portugal and some strikingly similar financial ratios mean Spanish banks were always going to be in the firing line when its neighbour finally decided to accept the inevitable and ask the European Union for a bail-out. 08 Apr 2011 With Portugal turning to the EU for a bail-out, the risk of debt contagion has again reared its ugly head. As the spotlight focuses on Spain, we look at the countries that have been forced to ask for major cash injections to save their economies. 08 Apr 2011 The eurozone formally committed itself to a two-speed economy on Thursday after the central bank raised interest rates on the same day Portugal joined Ireland and Greece in officially requesting a bail-out. 08 Apr 2011 The Bank of England held off from raising interest rates, signalling that policymakers are waiting for reassurance the recovery is on track before moving to fight inflation. 08 Apr 2011 Once Portugal admitted the inevitable, the spotlight was always going to turn to Spain. Madrid says it's different from the rest, but do markets believe it? 07 Apr 2011Economics
The latest news, analysis and comment on the UK and global economy.
ECONOMICS NEWS
Euro ministers claim that recovery is picking up
Portugal told to make deeper cuts to get bailout
Britain's deficit-cutting plans called 'oxymoronic' by Larry Summers
What Soros and Rogoff are saying: Bretton Woods 2011
History of Bretton Woods
Osborne has plan to ease cuts ready, say MPs
UK inflation: in graphs
What is the Producer Price Index?
Factory gate inflation rises 5.9pc: what the analysts say
Rising oil price fuels factory gate inflation
Britain won't bail out Portugal
ICB report: two potential options
EU tells Portugal austerity measures must be tougher
Inflation at UK factories hits 30 month high
'Reform for growth and jobs' says OECD
House prices in London offset falls elsewhere
Portugal: A nation of pessimists braces itself for austerity
Pressure grows on EU bailout fund
Osborne: Back cuts or face disaster
Cool, calm and collected in the face of disaster shows markets' madness
Spanish banks have €100bn exposure to Portugal
Bailed-out countries: in pictures
Interest rate rise creates a two-speed Europe
Bank of England keeps rates at record low
Tough stance makes Spain different
Sunday, 10 April 2011
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