George Osborne has said the eurozone risks slipping back into a crisis with negative consequences for the British economy.
Britain's economy slowed in the third quarter of this year, according to a survey by the British Chambers of Commerce (BCC).
Fears that Germany is on the brink of recession intensified after the eurozone’s largest economy suffered its biggest slump in industrial output since the beginning of the financial crisis.
After dismal summer employment numbers, the US added a robust 248,000 jobs to the economy in September, but the unemployment crisis continues as two other key measures are still unnervingly high: long-term unemployment and number of people in jobs they don’t want.
House prices have fallen for the first time in 17 months, dropping by 0.2% in September and providing new evidence that the property market is cooling, according to the latest update from the UK’s biggest building society.
The US economy grew at its fastest rate for two and a half years in the second quarter after a broad-based pick-up in activity, boosting hopes of a sustained recovery.
Confidence is draining from German businesses, with a survey finding sentiment fell for a fifth successive month in September to its lowest level in nearly 18 months.
Goldman Sachs is the latest bank to slash its growth outlook for China as weak economic activity triggers fresh concerns of over slowing growth.
Leading shares in London have suffered their biggest daily fall since early March, closing down 97 points after companies across Europe reported growth was slowing and they were continuing to slash prices.
One of Britain’s leading housing experts called on Monday for capital gains tax to be charged on main residences as a way of curbing property inflation, over-investment in real estate and unequal access to owner-occupied homes.
Fresh evidence of subdued consumer spending and soft inflation in the US has bolstered expectations that the Federal Reserve will hold back from raising interest rates over the coming months.
Like Easter, the start to the buying season for househunters has come early this year. Mortgage approvals in February were 20% up on the same month in 2015.
Four of the 17 members of the Federal Open Market Committee have publicly indicated their disagreement with the dovish guidance in last week's policy statement.