Eurozone and China risks trouble Bank of England

A revival of the eurozone crisis and the resilience of the Chinese economy are regarded by policymakers at the Bank of England as significant risks to financial stability.

Bank of England made rescue plan for banks at height of eurozone crisis

At the height of the eurozone crisis the Bank of England warned the Treasury that it needed a comprehensive contingency plan to prop up Britain's banks, documents published by the central bank have revealed.

Germany to push for economic reforms in G7

Germany wants to promote structural economic, financial market and tax reform when it takes over the presidency of the G7 club of rich nations next week, German media reports.

UK avoided double-dip recession in 2011, revised official data shows

Britain never suffered a double-dip recession in 2012 but suffered a deepercollapse in output following the financial crash than previously thought, according to new data that show the economy is even further away from a full recovery.

Germany reports sluggish first-quarter growth of 0.1%

Germany's economy barely grew in the first quarter of 2013 as exports and investment shrank, figures show. But higher domestic consumption - thanks to rising wages - helped offset the declines in foreign trade and capital investment, raising hopes it will help drive a sustained recovery.

IMF keen to splash the cash in Egypt

Egypt is on the front line in the International Monetary Fund's battle to remain relevant despite the rapidly shifting balance of power in the 21st century global economy. IMF officials are in Cairo, haggling with the Muslim Brotherhood government about the conditions of a proposed $4.8bn loan.

Asian Development Bank forecasts fragile 2013 recovery

Asia's emerging economies will pick up in 2013 but the recovery will remain fragile, according to the Asian Development Bank (ADB).

Britain’s exports are alive and kicking - it's up to the Government to keep it that way

With a eurozone crisis still battering the Continent, the prevailing view of foreign markets is that they are a gloomy influence on the British economy.

Eurozone crisis roars back to savage Spain

Just when you hoped it really was "solved", the eurozone crisis has roared back on to the global agenda.

Markets still buoyed by euro rescue hopes

LONDON (AP) — Markets were boosted again on Tuesday by hopes that the 17 countries that use the euro will finally come up with a plan to deal with their crushing debt crisis, but the surprise announcement that American Airlines and its parent company are filing for bankruptcy protection checked the buying momentum.

OECD: UK has begun slide into double-dip recession

Britain has already begun to slide back into recession, the Organisation for Economic Co-operation & Development (OECD) has warned, as it predicted that the Bank of England will pump another £125bn into the economy to try to salvage the recovery.

German court suspends key parliament committee

The work of a special committee designed to speed up Berlin's decisions on the use of the eurozone bailout fund has been suspended after complaints about its legality.Due to have started work on Friday (28 October), the nine-person committee was instead issued with a temporary injunction by Germany's constitutional court in Karlsruhe.