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Alistair Darling dismissed speculation last night that Britain was poised for its first recession since the early 1990s as the growing threat to western economies was highlighted by a fresh surge in oil prices to within...
By Ambrose Evans-Pritchard Euro plunges and political leaders protest as central bank tightens monetary policy The European Central Bank has raised interest rates a quarter point to 4.25pc to curb record inflation, becoming the...
A volatile session for markets on Thursday saw the dollar rebound and equities recover some poise after key US jobs data failed to provide the catalyst for another sell-off. But the pivotal events of the session – the European...
Increased fears that the UK economy may soon fall into recession were stoked yesterday by a key survey of the dominant service sector, which plunged to its worst reading since the aftermath of 9/11. The Chartered Institute of...
The US Treasury Secretary, Henry Paulson, signalled yesterday that the worst may soon be over for the American economy. As the price of a barrel of oil tested fresh highs once again, and acknowledging the "headwinds" to growth...
By Ben Bland While the FTSE 100 staged a brief recovery after dipping into bear market territory yesterday, veteran market watchers believe that the worst is yet to come. British investors enjoyed a four-year bull market from...
