Economics / Markets

FIVE THINGS

The European Central Bank(ECB) should launch an "unlimited" bond buying programme to help stem the eurozone debt crisis, according to the secretary-general of the OECD.

The head of the new City watchdog John Griffiths-Jones has pledged to enforce change through the Financial Conduct Authority (FCA).

Royal Bank of Scotland (RBS) investors have been in talks with litigation funds discussing the potential launch of a £3.3bn lawsuit against the bank and its former chief executive, Fred Goodwin, according to reports.

Prime Minister David Cameron is set to outline a series of measures designed to boost economic growth.

Federal Reserve Chairman Ben Bernanke has indicated more quantitative easing measures will be pumped into the US economy when it is needed to avert long-term damage, but his lacklustre speech failed to impress those seeking a firmer commitment.

An insurance salesman and an accountant have been jailed for their part in a £10m Ponzi scheme targeting British expats in Majorca.

The Confederation of British Industry and British Chambers of Commerce have each cut their 2012 UK GDP forecasts and called for the government to do more to prompt growth.

House prices rose by 1.3% in August, the largest monthly increase since January 2010, according to data released by Nationwide.

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