UK

The head of the Bank of France has attacked the UK's AAA-rating and called for it to be downgraded - as expectations increase of a downgrade to France's rating.

THEY SAID WHAT?

EU TREATY VETO

UK unemployment rose by 128,000 in the three months to October to 2.64 million, the highest level since 1994.

ON BONDS

Britain's relationship with Europe has been dealt a further blow as the nine European states who last night opted not to sign up to the new European treaty have had a change of heart.

THE BIG QUESTION

TOP TWEETS

Markets across Europe sold off in early trading, while bond yields in core European countries rocketed towards danger levels, after investors failed to be convinced by an overnight deal to save the eurozone.

Economic growth in the UK will be subdued and output will fail to reach 2008 levels until 2013, according to the National Institute for Economic and Social Research (NIESR).