The chances of Britain dropping back into recession this year have doubled to one-in-five, a leading economic forecaster has warned, amid mounting fears the recovery is slowing.
The European Central Bank has signalled the growing threat of inflation could prompt it to raise interest rates across the eurozone sooner than expected.
UK economic growth slowed towards the end of 2010, according to figures from the British Chamber of Commerce (BCC), sparking fears a recovery is faltering.
The chances of the euro breaking apart or disintegrating completely have been put at "one-in-five" by one of the UK's leading economics consultancies.
England has missed out on hosting the 2018 World Cup, after FIFA awarded the prestigious prize to Russia.
The independent Office for Budget Responsibility (OBR) has raised its estimate for economic growth this year to 1.8% from 1.2%.
We round-up industry reaction to the Federal Reserve's announcement it will pump a further $600bn of stimulus into the US economy.
Chancellor George Osborne has announced the 2011 Budget will be held on 23 March.
The FTSE is down over a percentage point in afternoon trading with better-than-expected growth figures failing to lift investors as concerns over the banking sector weigh on sentiment.
Business leaders have issued a fresh warning today about Britain's competitiveness, releasing a survey of leading executives which suggests the country is slipping behind its international rivals.