How does Autumn Statement affect pensions?
The Autumn Statement on 5th December 2012 announced changes to the rules around UK pensions.
Eurozone falls back into recession
Figures from Eurostat (the EU’s statistics office) show the Eurozone has fallen into recession.
Bank of England holds interest rates and refrains from further QE
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
Barack Obama wins US presidential election
Barack Obama has won a second term as US president, defeating Republican Mitt Romney.
Bank of Japan boosts stimulus measures to encourage growth
The Bank of Japan (BoJ) has extended its asset purchasing programme by, 11 trillion yen ($138bn; £86bn). This brings the estimated total stimulus to 91 trillion yen.