The U.K.unemployment rate fell to its lowest level since mid-2008 in the first quarter, official figures released on Wednesday showed.
Economic recovery in the eurozone accelerated in the first quarter, growth edged higher in the first quarter, boosted by a return to growth in France and Italy and outpacing both the UK and US economies.
China's Shanghai Composite index trimmed losses slightly to move back into neutral territory, while the Hang Seng index traded flat following the data.. China's central bank this week cut...
Global markets were rattled on Tuesday by renewed fears that Greece is close to bankruptcy while tough talk from George Osborne on the UK’s position in Europe added to jitters about the region’s future.
Treasurer Joe Hockey has revealed the deficit will beat his own December forecast as well as “market expectations” to come in below $40bn.
The late news from the make-or-break talks in Brussels was no news at all, really. There were a few encouraging words for the progress Greece is making on its reform plans. Athens also ordered a €750m (£535m) repayment to the International Monetary Fund. But an agreement on releasing €7.2bn of bailout funds? No.
China's third interest rate cut in six months has spurred concerns the mainland's economic slowdown is hitting where it hurts: the labor market.
The Bank of England returns to the spotlight this week when it unveils its latest economic forecasts against the backdrop of record low inflation and the prospect of deep government spending cuts.
Eurozone politicians are hoping for glimmers of a long-awaited economic rebound this week, with growth in the single currency bloc forecast to beat both the UK and US.
The US economy showed further signs of a slowdown on Friday as the US Department of Labor announced just 160,000 new jobs had been created in April, 40,000 fewer than had been expected.
The Scottish economy is growing at a far slower rate than the UK as a whole, with the North Sea oil slump leading to a fall in GDP last year, the latest data shows.
Worries about the EU referendum in June, rising labour costs and China’s slowdown have knocked UK business confidence to a four-year low, according to a report that will fan fears the economy is losing momentum.