Recession

What made financial headlines over the weekend?

Does not rule out further rate cuts

Weekend stories that could spark calls

Crispin Odey's flagship portfolio sustained heavy losses in April after the manager appeared to be caught out by a move in the Australian dollar.

FIVE YEARS ON

The 18-month double-dip recession in the eurozone is expected to end today as official figures from Brussels are due to show a return to growth for the three months to June, the Guardian reports.

The UK is experiencing a slower economic recovery than 23 of the 33 advanced economies monitored by the International Monetary Fund (IMF), according to analysis.

Former top drugs adviser to the government David Nutt has made a controversial claim that the financial crisis was caused by bankers' habitual use of cocaine, the Telegraph reports.

The UK will narrowly escape a triple-dip recession with economic growth for Q1 forecast to be 0.1%, acccording to the National Institute of Economic and Social Research(NIESR).

Consumers are waking up to the follies of making knee-jerk investment calls as they become aware of opportunities missed and the returns they could have achieved in the four years since the 2008 financial crisis, according to one adviser.