Unemployment

Britain is in the worst double-dip recession for 50 years as dreadful GDP figures reveal the true state of the UK economy. Here's what the analysts and economists had to say.

UK GDP slump will add pressure on government to alter policies which have delivered longest double-dip in half a century.

Final word on annual assessment of UK economy puts further pressure on Osborne's Plan A.

A slight month-on-month rise in UK retails sales volume shows that not even heavy discounting can attract moribund consumers into the shops.

An IBTimes UK exclusive round-up of the most recent policy statements and rate decisions from the world's key central banks

A new survey shows the recession is forcing British job-seekers to grab whatever they can, instead of chasing their ideal role.

Bank of England's monetary policy committee ignores calls from IMF and will not cut rate for months to see if policies working.

Bank of England and British Bankers Association failed to act on recommendations of US regulators on Libor manipulation in 2008

It's all somewhat worrying when financial items in much of the world's media refer to "ESM bailout funds" as if the European Stability Mechanism were already well established and operating in Luxembourg. Initially hoped to be up and running by July 2012 after a final draft was agreed by Eurozone leaders in Brussels on 02 February 2012, the ratification process, progressing fairly well up to the Netherland's Queen Beatrix granting Royal Assent on 05 July with formal endorsement on...

Miserable weather across the UK has cast a dark cloud over the struggling retail sector and could upset consumer-led economic growth in the second half of the year.

UK inflation has fallen to its lowest reading since November 2009, loosening its grip on consumers' hard pressed finances.

Chancellor desperate to restore reputation and drag Britain out of recession orders big push from rail investment to Bank of England stimulus.

Texas has three cities where population has been growing at the fastest rate while most of the cities showing biggest increase lie in southeastern part of the US.

Outlining the politics, economics and finances of the key players in the Eurozone debt crisis

Government cancels holiday bonuses, raises VAT in comprehensive spending review

Spain to be given extra year to comply with deficit targets as market indicates doubts over Eurogroup strategy

In an effort to raise over €7 billion, French President François Hollande and his Prime Minister Jean-Marc Ayrault announced in their Budget on Thursday 05 July 2012, measures that included an increase in the tax rate from 50 per cent to 75 per cent for all income over €1 million - about £790,000 at the current exchange rate. The act of a Communist state by American and British standards but not the crucifixion scale that was demanded by the country's hard-Left. The Left Front and the New A...

Markets hold onto gains as Unemployment around the region hits record and manufacturing shrinks

Sambo Dasuki takes on national security adviser role with three-week deadline by president to finish off Islamic terror group.

The IBTimes UK investigates the broken trust between banks and customers in the wake of a the industry's "septimana horribilis"

The High Park fire was believed to have been caused by lightning, but the reasons for the Colorado Springs fire remain under investigation.

Shelter research identifies areas in England where people have highest risk of home loss and identifies link to unemployment.

Two-day meeting set to discuss markets, debt-sharing despite absence of Greek Prime Minister

On Wednesday 27 June 2012, French President François Hollande met German Chancellor Angela Merkel for preliminary talks prior to Thursday's, yet another "crucial", European Union meeting to try to further resolve the crisis in the Eurozone. The political leaders of France and Germany, so recently partners in agreement on the best way forward for the single currency are, effectively, now poles apart in their approach to the crisis and its solution.

Arson, bomb threats and government departures underline plight of Europe's "Sick Man"

Vassilis Rapanos would have been a key negotiator with EU officials on bailout terms.

HalfBrick's Fruit Ninja game gets sales boost after backing from UK prime minister.

Rating agency Standard & Poor's said in a report that British consumers are unlikely to increase their spending and lead the country out of its double-dip recession.

Prime minister's plans to drop housing benefit for under-25s may cut Tories' youth vote adrift

Coalition government releases policy document to ease strain on citizens who are already feeling pain of austerity measures.