Economics / Markets

The Monetary Policy Committee (MPC) must inject a further £50bn into Britain's fragile economy to stave off a double-dip recession, the British Chamber of Commerce warns.

CPI inflation remained at 3.1% in September but the figure is still well above government targets.

The FTSE has powered higher this morning feeding off a healthy end to trading on Wall Street last week.

Harsh banking regulation will negatively impact the economic recovery and cost upwards of 10 million jobs globally, the world's leading bankers have warned.

Chancellor George Osborne is set to give the Bank of England the green light for more monetary stimulus to prevent the economy slipping back into recession.

Alan Johnson has been appointed shadow chancellor, beating favourite Ed Balls and Yvette Cooper to the post.

Global currency wars pose "a real threat" to economic recovery, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, warns.

The FTSE slid into negative territory in afternoon trading following news of a record month-on-month drop in house prices.

The Bank of England has resisted growing calls to deliver more stimulus to the economy while maintaining interest rates at the historic low of 0.5%.

Miners relinquished some of yesterday's gains in early trading on Thursday, pulling the FTSE more than 20 points lower to 5,659.