Economics / Markets

The UK could leave the European Union by this autumn should the eurozone debt crisis intensify further, it has been suggested in a study by Japanese bank Nomura.

Sir David Walker, a former deputy governor of the Bank of England, will become the new chairman of Barclays, according to reports.

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China's inflation level fell to a 30-month low of 1.8% in July, continuing to tumble as the global slowdown takes hold.

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Bank of England (BoE) governor Mervyn King has warned against a further cut in interest rates, arguing it would damage the banking sector and may be "counterproductive".

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The Bank of England (BoE) is set to cut economic growth forecasts to almost 0% for this year, amid a deepening double dip recession.

Jessica Harper, a former head of online security at Lloyds Banking Group, has admitted carrying out a £2.5m fraud.