The Bank of England is expected to unveil the latest plank of its recovery strategy this week when it relaxes financial regulations to free up billions of pounds for lending to help reinvigorate the economy. 23 Jun 2012 Liberal Democrat calls for more radical public spending cuts and further 'substantial' rise in personal income tax threshold. 23 Jun 2012 Iceland, whose economy has recovered rapidly following the 2008 collapse of its banking sector, on Friday repaid $483.7 million in loans to the International Monetary Fund. 22 Jun 2012 German Chancellor Angela Merkel has shot down calls for full mobilisation of the eurozone's bail-out funds to halt the raging bond crisis in Spain and Italy, ignoring unprecedented pleas for action from the International Monetary Fund. 22 Jun 2012 The leaders of Germany, France, Italy and Spain want a $130bn growth package - worth 1pc of eurozone GDP - to create jobs and drive growth in the region's ailing economy. 22 Jun 2012 Spain will formally request a bailout for its crisis ridden banks on Monday, finance minister Luis De Guindos said. 22 Jun 2012 Jim O'Neill, the Goldman Sachs banker touted as a future Governor of the Bank of England, would want to change the Bank's mandate if he got the job. 22 Jun 2012 As the Euro 2012 quarter final nears, we focus on the economic score. 22 Jun 2012 International Monetary Fund directly confronts Germany by urging the eurozone to take a "determined and forceful move" to full monetary union by pooling debt and underwriting banks. 21 Jun 2012 Bank of Spain says indepedent audits of country's ailing lenders' shows capital shortfall will be more than covered by €100bn EU bailout fund as weak global data drags down markets. 21 Jun 2012 Stock markets tumbled on Wall Street as a blitz of data fuelled fears that the world's largest economy is losing momentum. 21 Jun 2012 Italy's technocrat government risks a parliamentary mutiny unless premier Mario Monti can secure major concessions from Germany at a crucial summit of the eurozone's Big Four powers in Rome on Friday. 21 Jun 2012 IMF help would push the eurozone toward fiscal and political union, warnsJeremy Warner 21 Jun 2012 Britain's manufacturing sector received a boost in June as order books improved and companies expected output to increase in the short-term. 21 Jun 2012 China's manufacturing sector contracted at the fastest rate in seven months in June, raising the likelihood that the Government will do more to reverse the slowdown of the world’s second largest economy. 21 Jun 2012 Warmer weather and heavy discounting at department stores helped drive a larger than expected rise in the volume of retail sales in May, official figures showed yesterday. 21 Jun 2012 The eurozone looked set to afford Greece more time to implement austerity measures on Thursday night, but the embattled country’s new government suffered a hostile reaction to its plea for fewer public sector job losses and cuts to welfare benefits. 21 Jun 2012 Germany's constitutional court has delayed the creation of a new €500bn eurozone bail-out fund as Angela Merkel faces a series of legal challenges to measures seen as critical for saving the EU's single currency. 21 Jun 2012 Not all mothers want to be alpha feminists like Cherie Blair, says CristinaOdone 21 Jun 2012 Greece should exit the euro and the European Central Bank (ECB) should guarantee euro bloc debt, according to a senior GLG hedge fund manager. 20 Jun 2012 Angela Merkel put Germany on a collision course with its European neighbours by insisting an idea to allow bail-out funds to buy Spanish and Italian debt was "purely theoretical". 20 Jun 2012 Greece will on Thursday begin the uphill struggle of trying to secure revisions to its mammoth international bail-outs, just hours after ending its protracted political crisis by forming a coalition government. 20 Jun 2012 Markets slip as the US Federal Reserve slashes its growth forecast and Ben Bernanke warns that the European crisis is slowing the country's recovery and the creation of jobs. 20 Jun 2012 Telegraph View: The 3p fuel duty rise due in August should be abandoned to stimulate consumer spending 20 Jun 2012 America's central bank has stepped up efforts to rescue the US recovery by extending “Operation Twist”, a diluted version of quantitative easing, but it disappointed markets by failing to launch a full-blown stimulus programme. 20 Jun 2012Economics
The latest news, analysis and comment on the UK and global economy.
ECONOMICS NEWS
BoE expected to free up billions for lending
David Laws pushes for deeper spending cuts
Booming Iceland makes second early loan repayment to IMF
Debt crisis: Angela Merkel defies Latin Europe and the IMF on bond rescue
Debt crisis: as it happened June 22
Debt crisis: Spain to request bailout on Monday
Jim O'Neill would shake up Bank of England
Germany vs. Greece: the economic clash in numbers
IMF unveils blueprint to salvage stricken euro
Debt crisis: as it happened - June 21, 2012
US data blitz points to slowing economic momentum
Desperate Monti needs Merkel summit deal to stop revolt at home
Beware feeding the monster on our doorstep
UK manufacturing sector improves in June, CBI says
China manufacturing contracts for eighth month
Retail sales rebound in warm May weather
Greek govenment seeks two-year extension to bailout
German court delays eurozone's €500bn bail-out fund
Cherie Blair attacks yummy mummies
Hedge fund manager insists Greece must leave euro or it will fail
Debt crisis: bond buying plan only 'theoretical', says Angela Merkel
Greek coalition to plead for leniency on bail-out
Debt crisis: as it happened, June 20, 2012
Pump action
US Fed sharply lowers growth forecasts
Sunday, 24 June 2012
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