Economics

Dominique Strauss-Kahn resigning as head of the IMF, Japan's economy plunging back into recession and Lloyds Banking Group shareholders venting their anger over executive pay…we bring you today's top stories.

Government austerity measures and high levels of consumer debt pose "strong headwinds" for the UK's economic recovery, the IMF has warned.

Commodities have rebounded from their biggest plunge since the financial crisis on the back of upbeat US economic data, rising demand from emerging economies and a falling dollar.

A slew of downbeat economic data has bolstered the case against raising interest rates on Thursday, according to leading business groups.

Gold advanced to a record after the Federal Reserve pledged to keep interest rates near zero to bolster the recovery, weakening the dollar and boosting demand for precious metals as a store of value.

BP has lauched a $40bn (£24bn) lawsuit against Transocean, the owner of the Deepwater Horizon rig that exploded in the Gulf of Mexico last year.

IFAonline rounds up what the newspapers are saying…

IFAonline rounds up what the newspapers are saying…

Britain's financial services companies are bottom of the league when it comes to customer service, according to a survey published this morning.

Public borrowing is forecast to be lower this year in a sign the government is gaining control of the public finances.