Recession

Several features of the recession and financial crisis carried the label ‘extraordinary', not least the huge shifts in asset valuations.

The National Institute of Economic and Social Research (NIESR) said it expects the UK to avoid another recession but warned it now faces a bleak period of low growth.

Fund bounces back through focus on companies that have benefitted from the recession

The UK will be at risk of returning to recession if the Bank of England raises interest rates, says MAM Funds' Martin Gray.

The rapid rise in the price of crude is reviving fears of a double-dip recession, Chris Iggo at AXA Investment Managers says.

The Irish government has announced plans to save €15bn over the next few years to tackle the country's debt crisis.

Former Federal Reserve Chairman Alan Greenspan believes the US must look to rein in its massive budget deficit or face the risk of a bond market crisis.

The release of the minutes of the US Federal Reserve Open Market Committee (FOMC) on 21 September show a widespread support for a round of quantitative easing (QE).

Joseph Stiglitz, former respected chief economist of the World Bank and Nobel Prize winner, warns the future of the euro is "looking bleak".

The US central bank has decided not to take further action to rejuvenate the country's economy but hinted it may do more later if needed.