Economics / Markets

It is far more likely the UK will retain its prized triple-A status than be downgraded, according to the bookies which seem unperturbed by the recent ratings agency threat.

Three of the country's largest pension schemes are in talks to join a lawsuit against Lloyds TSB directors for allegedly misleading investors over the Halifax Bank of Scotland (HBOS) merger.

The eurozone crisis presents the biggest challenge to the UK economy which will likely follow a "zig zag" pattern of uncertain growth, said the governor of the Bank of England yesterday.

Greek finance minister Evangelos Venizelos accused European leaders of "playing with fire" by trying to oust the beleaguered country from the eurozone amid fears they want to delay releasing the €130bn (£108bn) bail-out until after Greek elections in...

The Bank of England has raised its inflation forecast for two years' time to around 1.8%, more than some economists had predicted.

The UK's prized triple-A credit rating was under threat last night after US ratings agency Moody's put it on negative outlook, citing pressures from the eurozone.

Britain will avoid a double dip recession and modest growth should restart later this year, according to the CBI.

The Bank of England's Monetary Policy Committee (MPC) has increased its quantitative easing programme by £50bn as it looks to shore up the UK's ailing economy.

Phone hacking at News International has cost Rupert Murdoch's News Corporation nearly $200m (£126m) to date, the company said last night, as it warned it could not predict the final bill.

Hargreaves Lansdown shares fell sharply in morning trading as investors looked past record profits to focus on slowing business growth.