Italy crashes back into shock recession as Spain recovers

Italy has unexpectedly slipped into its third recession since the global financial crisis, underlining the ongoing economic agonies of the eurozone’s third largest economy.

George Osborne is right not to be smug over GDP numbers

George Osborne's response to news that Britain has finally recovered all the ground lost in the recession of 2008 and 2009 was notably for its lack of crowing.