Eurozone falls back into recession
Figures from Eurostat (the EU’s statistics office) show the Eurozone has fallen into recession.
The 17-nation bloc which makes up the Eurozone has now entered its second recession since 2009.
The news comes a day after millions of workers …
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.
The quantitative easing stimulus programme has already injected £375 billion into the UK financial system.…
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.
This is the second time in as many months that the Bank of …
UK economy returns to growth
The UK economy emerged from recession in the third quarter of 2012 (the three months from July to September 2012).
The Office for National Statistics advised that Olympic ticket sales had added 0.2 percentage points to the figures.…
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.…