Economics

Global markets have marginally recovered after yesterday's surprise Standard & Poor's downgrade of the outlook for US debt caused widespread falls.

Adam Posen, the Bank of England policymaker, has predicted inflaton will fall to 1.5% by mid-2012 as the government's austerity drive and a weak economy will curb consumer spending.

Egypt could see the state of its economy further discredited if the government does not support the market, says Pictet's Oliver Bell.

The Office for Budget Responsibility (OBR) said today the UK's economic recovery will lag previous recoveries in the 1980s and 1990s.

The UK could be entering a "profoundly different" era of slow growth and high debt reminiscent of the economic ills engulfing Japan, says the BBC's economics editor Stephanie Flanders.

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.