GDP

The UK economy's road to recovery will be arduous but do not write off its equity market, says Nathan Sweeney, investment manager at Architas.

Does Europe warrant inclusion in portfolios yet? Mona Shah, assistant manager on Rathbones' multi-asset portfolios, examines the fundamentals.

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.

The British Chambers of Commerce(BCC) has upgraded its long-term growth forecast for the UK, but warned the economy still faces domestic and overseas challenges.

A-HA!

A new academic paper suggests an influential study used to argue the case for austerity contains a number of flaws - including a simple Excel spreadsheet error.

EUROZONE

The Bank of England has opted not to implement further quantitative easing and held interest rates at 0.5% for the 49th consecutive month.

The third reading of UK's GDP growth for Q4 2012 has confirmed a 0.3% contraction between the third and fourth quarter.

The global economic recovery will slow this year unless the US averts $85bn (£56bn) in spending cuts that start today, the International Monetary Fund has said.