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Fed botches release of policy meeting minutes
The US Federal Reserve was forced into an embarrassing early release of the minutes from its March policy-setting meeting after realising it had sent them to more than 100 people on Tuesday.
Christine Lagarde: crisis has created 'three-speed economy'
The global financial crisis has created a "three-speed economy" with the eurozone at the bottom and a too-big-to-fail banking model that is "more dangerous than ever", the managing director of the International Monetary Fund has said.
Barack Obama renews push for corporate tax reform
Barack Obama made a renewed attempt to overhaul the tax regime for US businesses on Wednesday, proposing a Budget that would stamp out various breaks and loopholes but enable the main corporate tax rate to be cut.
Andy Haldane: simplify 'Byzantine' banking regulation
Banking regulation must be simplified for the sake of both financial stability and society, Andy Haldane, the Bank of England’s executive director for financial stability, has said.
Britain ranked second only to Sweden in table of most advanced countries
It might not feel like it to those stuck on a delayed train or struggling to get a mobile phone signal but Britain has been ranked as the second most advanced country in the world in a new measure designed to rival GDP.
Britain bucks trend as EU house prices fall
European house prices fell in the fourth quarter of 2012, but Britain bucked the trend as property values rose, official figures showed on Thursday.
Debt spiral could push Portugal into new bail-out, admits EU-IMF
Portugal could face a second bail-out as the country, mired in recession and deeply divided over eurozone austerity measures, is caught in a debt spiral of soaring costs and borrowing to pay back EU-IMF loans.
Bitcoin trading halted after panic sell-off
Trading in Bitcoin has been halted for the day after a service slowdown triggered panic sell-offs, slashing the controversial currency's value in half.
JM Keynes's prophecy of prosperity after the gloom of recession
''We are suffering just now from a bad attack of economic pessimism. It is common to hear people say that the epoch of enormous economic progress is over; that the rapid improvement in the standard of life is now going to slow down – at any rate in Great Britain; that a decline in prosperity is more likely than an improvement in the decade ahead.”
Europe’s leaders would do well to listen to some constructive criticism
When US Treasury Secretary Jacob J Lew arrived in Europe earlier this week for two days of talks with European Union officials and government ministers he might have been forgiven for expecting a sympathetic hearing.
British offshore banking under fire in EU tax haven battle
Austria has accused Britain of being a haven for money laundering and tax evasion as the Alpine nation comes under European Union and German pressure to axe its banking secrecy laws.
Cyprus: new cash rules for holidaymakers and expats
Cyprus has eased the strict capital controls imposed on March 28 to prevent a run on its stricken banking sector, raising the cash limit for departing travellers.
Weak construction casts doubt over UK growth
Weak growth at construction businesses in February cast gloom over hopes for the UK's economic recovery in the first quarter of this year.
US economy stalls as retail sales fall
US retail sales fell unexpectedly in March, adding to fears that the world's largest economy may have stalled at the end of the first quarter.
Eurozone industrial output rises in February
Eurozone industrial output rose by more than expected in February, but analysts warned that it was not enough to spearhead an economic recovery in the crisis-hit region.
Portugal’s elder statesman calls for 'Argentine-style' default
Portugal's leading elder statesman has called on the country to copy Argentina and default on its debt to avert economic collapse, a move that would lead to near certain ejection from the euro.
Dutch government to rein in austerity in break from EU policy
The Dutch government is to postpone some austerity measures, in a significant break away from EU policy that risks angering Germany.
Margaret Thatcher: the PM who brought Britain out of the wilderness
David Young on Margaret Thatcher's greatest legacy – the transformation of the British economy from the worst to the best in Europe.
Cameron and Merkel pledge to make European Union more competitive
David Cameron and his German counterpart, Angela Merkel, have pledged to make the EU more competitive and pursue "concrete action" on tax evasion.
EU banking union 'could need treaty change'
Germany's finance minister has claimed that a banking union could require changes to EU law, potentially putting the brakes on a plan designed to prop up the euro.
Housing market set to return to pre-crash levels
Britain is poised for a housing market revival as the market gives its strongest performance since the crash, according to a leading economic forecaster.
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