Recession

Iceland's parliament has voted to send former Prime Minister Geir Haarde to court over his role in the financial crisis.

The European Commission will today reveal plans to fine countries posing a risk to the euro to prevent problems seen in Greece from happening again.

Newly elected Labour leader Ed Miliband used his first address to the party conference this afternoon to criticize the Coalition's deficit reduction strategy, and set out what changes Labour proposes for the economy.

The CBI predicts the UK economy will grow at a slightly faster rate than expected in 2010, but growth will be more ‘sluggish' than previously thought in 2011 thanks to the emergency budget.

Mervyn King has accepted the role financial services played in leading the country into recession and admitted policymakers did not do enough to prevent it.

Mervyn King will today become only the second Bank of England governor to address the TUC when he speaks at the union's conference in Manchester.

The government plans to save money by distributing National Insurance numbers via a letter rather than a plastic card, as part of its drive to reduce the deficit.

The global economic recovery is slowing faster than forecast, but a return to recession is unlikely, according to the OECD.

Pension liabilities for UK private sector final salary pension schemes reached £1.2trn in August.

The game of "chicken" being played out by US politicians could increase the risk of a double-dip recession, Bank of America warns.