UK

The UK is out of recession and had its strongest quarter in two years over the three months to September, according to NIESR.

The International Monetary Fund (IMF) has told the UK to prepare to revise its economic strategy if growth continues to disappoint, the FT reports.

Pershing has begun hosting its practice management programme in the UK for the first time, giving firms an insight into regulation, buying, selling and merging businesses, technology and changing client demands.

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.

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The UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.