The Office for Budget Responsibility (OBR) has almost doubled its projections for public sector workforce reductions as a result of spending cuts in today's Autumn Statement.
Bank of England governor Mervyn King has accepted UK economic growth will be flat over the next six months and has given a stark warning about potential shocks from the eurozone.
The OECD has warned the UK is teetering on the edge of a double-dip recession, and has called for further of quantitative easing to support the economy.
Rating agency Moody's has issued a warning on France's AAA-credit rating, saying it may downgrade its outlook for the country based on its overstretched budget.
The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.
The National Institute of Economic and Social Research (NIESR) said it expects the UK to avoid another recession but warned it now faces a bleak period of low growth.
Swiss Re's predicts growth in the insurance and reinsurance industry will continue to accelerate next year and expects moderate expansion in the European and US economies.
In the latest Interactive Financial Adviser debate, our panelists from Rathbones and Standard & Poor's discussed the current economic outlook.