Economics

JPMAM's market strategist Stephanie Flanders has said she expects the ECB to act imminently to shore up the economy after the eurozone fell into deflation in December.

The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.

New documents show the Bank of England was seemingly unaware of the impending financial crisis in the weeks prior to its emergence.

The FTSE 100 has dropped sharply again this morning as fears over significant falls in the oil price and other macroeconomic issues weighed on stocks.

The euro has continued to fall in overnight trading as a stronger dollar and expectations of full-blown quantitative easing weigh on the single currency

The government will fail to deliver planned spending cuts within the next Parliament and interest rate rises are off the table until summer at least, according to a survey of economists.

Aberdeen Asset Management's CIO and Standard Life Investments' head of global strategy are among those to have been recognised in the 2015 New Year honours list.

The FTSE 100 is set to post a loss of around 2.5% for 2014 after falling back sharply yesterday (30 December) following several days of gains.

UK GDP is confirmed to have risen 0.7% in Q3 - but the Office for National Statistics (ONS) has revised down a string of recent annualised growth figures.

The UK's current account deficit widened faster than expected in the third quarter to reach a record high of £27bn.