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  • The Italian prime minister Matteo Renzi has accused the EU of behaving like the orchestra on the Titanic

  • New Buy-To-Let Rules Will Hurt Economy: MPs Sky News - Fri, Feb 12, 2016 19:26 GMT
    New Buy-To-Let Rules Will Hurt Economy: MPs

    George Osborne's plans to curb the buy-to-let market will come at a cost to the wider economy as they drive rents higher, according to MPs (BSE: MPSLTD.BO - news) . The Chancellor announced in his autumn statement in November that he was to add a 3% surcharge on stamp duty for buy-to-let landlords. Now (Other OTC: NWPN …

  • George Osborne's buy-to-let raid risks damaging UK economy Telegraph - Fri, Feb 12, 2016 18:50 GMT

    Treasury Committee says the Chancellor’s measures to curb the buy-to-let housing market could cost jobs and put a brake on growth

  • Strong U.S. consumer spending counters recession fears Reuters - UK Focus - Fri, Feb 12, 2016 18:12 GMT

    "The markets may have decided that the U.S. is headed for recession, but obviously no one told U.S. consumers," said Paul Ashworth, chief economist at Capital Economics in Toronto. The Commerce Department said retail sales excluding automobiles, gasoline, building materials and food services increased 0.6 percent last …

  • European stocks bounce higher at end of brutal week AFP - Fri, Feb 12, 2016 17:31 GMT
    US, European stocks rebound to end brutal week

    Despite Friday's gains, European markets are still down heavily from the beginning of the year

  • London close: FTSE finishes on front foot Sharecast - Fri, Feb 12, 2016 17:22 GMT

    (ShareCast News) - The FTSE rang off a choppy week on a positive note, bouncing back 3.1% on the day as bargain hunters snapped up mining stocks and lifted the index away from the previous day's three-year ...

  • Weak Construction Sector Puts Pressure On GDP Sky News - Fri, Feb 12, 2016 15:54 GMT
    Weak Construction Sector Puts Pressure On GDP

    The construction sector shrank more rapidly than expected in the final quarter of last year adding to fears that wider economic growth for the period will be revised downwards. Output in the sector fell by 0.4% in the last three months of 2015 following a 1.7% decline in the third quarter, according to the Office for National …

  • Stocks rebound at end of brutal week AFP - Fri, Feb 12, 2016 14:56 GMT
    A trader works on the floor of the New York Stock Exchange

    European stocks rebounded Friday on higher oil prices, solid German economic growth and rising US retail sales, regaining some ground lost this week on fears of a global recession.

  • Italy recovery stalls, threatening debt plan AFP - Fri, Feb 12, 2016 14:14 GMT
    Italy recovery stalls, threatening debt plan

    Italy's recovery from recession virtually stalled towards the end of 2015, complicating Italian efforts at debt reduction

  • Stagnating Italy poses new headache for stuttering eurozone Telegraph - Fri, Feb 12, 2016 12:36 GMT

    Prime minister Matteo Renzi hits out at Brussels' austerity medicine as euro's third largest economy grinds to a halt

  • Eurozone GDP up as expected in fourth quarter Sharecast - Fri, Feb 12, 2016 10:38 GMT

    (ShareCast News) - Eurozone GDP grew 0.3% in the fourth quarter, in line with the previous quarter and economists' forecasts, according to a flash estimate from Eurostat.

  • German fourth quarter GDP in line with expectations Sharecast - Fri, Feb 12, 2016 08:12 GMT

    (ShareCast News) - Gross domestic product in Germany grew 0.3% in the fourth quarter, in line with the previous quarter and economists' expectations, according to data from Destatis.

  • MORNING BID EUROPE-Swedish rates: accentuating the negative Reuters - UK Focus - Thu, Feb 11, 2016 08:12 GMT

    Fed Chair Janet Yellen's signalling that tighter credit markets, volatile financial markets and uncertainty over China have all raised risks to the U.S. economy will chip away at any lingering expectations ...

  • This is a global stock market rout worth celebrating Telegraph - Thu, Feb 11, 2016 07:41 GMT

    Cheap oil is a tax cut for consumers, a healthy haircut for sovereign wealth funds, and a shot in the arm for the world economy

  • HIGHLIGHTS-Fed chief Yellen's Q&A testimony before House committee Reuters - UK Focus - Wed, Feb 10, 2016 18:51 GMT

    The following are highlights of Federal Reserve Chair Janet Yellen's question-and-answer session on Wednesday before the U.S (Other OTC: UBGXF - news) . House Financial Services Committee, where she delivered the central bank's semi-annual monetary policy report to Congress. "I do not expect that the FOMC is going to …

  • British industrial output suffered its sharpest monthly drop in December since 2012 as warmer than usual weather curbed demand for electricity and gas and manufacturing continued its decline, denting hopes for improvement this year. Industrial output fell 1.1 percent month-on-month in December after a 0.8 percent drop …

  • NIESR warns of drag on economy from weak international trade Sharecast - Wed, Feb 10, 2016 16:18 GMT

    (ShareCast News) - Britain's economy expanded at a slightly lower rate over the three months to January in comparison to the previous three-month stretch, according to one of the most influential think-tanks....

  • Sterling pares gains against dollar after Yellen's comments Reuters - UK Focus - Wed, Feb 10, 2016 16:04 GMT

    Sterling weakened against a rising dollar on Wednesday after prepared remarks from U.S (Other OTC: UBGXF - news) . Federal Reserve Chair Janet Yellen suggested that interest rate hikes in coming months remain a possibility.

  • Shock slump across European industry bodes ill for 2016 Reuters - UK Focus - Wed, Feb 10, 2016 14:07 GMT

    LONDON/ROME, Feb 10 (Reuters) - Europe's top four economies suffered steeper drops in industrial output during December than any analyst had forecast, a grim sign for the global economy as it struggles to sustain momentum. Wednesday's industrial output data for Britain, France and Italy followed news a day earlier of a …

  • GLOBAL MARKETS-Banks lead Europe shares higher, oil up before Yellen Reuters - UK Focus - Wed, Feb 10, 2016 12:35 GMT

    European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent days eased and oil prices recovered from Tuesday's steep falls. Investors and traders awaited Congressional testimony from Federal Reserve Chair Janet Yellen for clues to …

  • Central banks can cut rates well below zero, says JP Morgan Reuters - UK Focus - Wed, Feb 10, 2016 11:58 GMT

    Investors fretting about the damaging impact of ultra-cheap money on banks and global markets may need to prepare for key interest rates around the world falling well below zero, according to economists at JP Morgan. Federal Reserve and Bank of England to adopt negative rate policies (NIRP). Negative interest rates are …

  • 10 things you need to know in markets today Business Insider UK Finance - Wed, Feb 10, 2016 06:51 GMT
    10 things you need to know in markets today

    Federal Reserve chairman Janet Yellen will address the United States congress on Wednesday. Yellen will spend much of Wednesday on Capitol Hill, as part of her semi-annual testimony, where she will read a set of prepared remarks before answering questions.

  • More Americans quitting jobs as labor market strengthens Reuters - UK Focus - Tue, Feb 9, 2016 18:32 GMT

    The signs of a robust jobs market could ease concerns about the health of the economy, which were underscored by other reports on Tuesday showing a drop in small business confidence in January to a two-year low and further declines in wholesale inventories. "If the labor market is tightening, can the economy really be …

  • (ShareCast News) - JPMorgan expects the European Central Bank to ease monetary policy further by cutting the negative deposit rate to -0.7% in 2016.

  • Bank of England poised to act if household debt spirals Telegraph - Tue, Feb 9, 2016 13:11 GMT

    Bank deputy Sir Jon Cunliffe warns consumer debt remains 'large by historic standards', leaving the economy 'vulnerable to shocks'

  • Annual Trade Deficit At Widest Since 2010 Sky News - Tue, Feb 9, 2016 12:13 GMT
    Annual Trade Deficit At Widest Since 2010

    The UK's annual trade deficit last year was at its widest since 2010, according to official figures which highlight the extent of the challenges facing UK exporters. The Office for National Statistics (ONS) said the figures showed the biggest gap in goods - the difference between the value of imports and exports - ever …

  • The Opportunist: With more money-printing likely, German shares should soar and the euro could fall. Here's how to profit

  • How to divorce with as little fuss as possible Moneywise - Tue, Feb 9, 2016 10:28 GMT

    The start of the year is a notorious time for people to take stock of their relationships – often in the wake of Christmas rows – and many will make the decision in the next few weeks to go their separate ...

  • Eurozone economy grows 0.3% in Q4 2015, unchanged vs Q3: Eurostat

    According to regular data compiled by the German economy ministry, industrial output fell by 1.2 percent in December, disappointing analysts' expectations for a modest increase

  • India's Annual Growth Outstrips China Sky News - Mon, Feb 8, 2016 19:42 GMT
    India's Annual Growth Outstrips China

    India's economy grew at an annual rate of 7.3% in the last quarter of 2015 beating its rival China which saw its GDP growth slip to 6.9% last year. These figures, which were in line with estimates, are good news for Prime Minister Narendra Modi who swept to power in 2014 on the single agenda of development. Since then …

  • GDP growth in India hits 7.3pc at the end of 2015 and will rise to as high as 7.6pc in 2016

  • GDP growth in India hits 7.3pc at the end of 2015 and will rise to as high as 7.6pc in 2016

  • India's economy grows better-than-expected 7.3% in last quarter

    India's economy grew 7.3% in the third quarter, figures show

  • India Becomes Fastest Growing Economy Sky News - Mon, Feb 8, 2016 14:13 GMT
    India's Annual Growth Outstrips China

    India's economy grew at an annual rate of 7.3% in the last quarter of 2015 beating its rival China which saw its GDP growth slip to 6.9% last year. These figures, which were in line with estimates, are good news for Prime Minister Narendra Modi who swept to power in 2014 on the single agenda of development. Since then …

  • India's economy grows better-than-expected 7.3% in last quarter

    India's economy grew 7.3% in the third quarter, figures show

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