Sports Calendar

US new home sales slump in November

Sales of new homes plunged by 11.3% last month as the boost from an $8,000 tax credit for new home buyers wore off

Home loans double as personal borrowing falls

Mortgage lending doubled in November from a year ago but personal loan demand halved as households pay back debt

Bank is unanimous on holding rates at 0.5%

The united decision by Bank policy members implies that interest rates could be on hold until at least February next year

The inconvenient truth about climate change

Talks like those held at Copenhagen will continue to fail until we recognise that China is now in charge

Thrifty families are ‘prolonging recession’

The share of income saved in banks and building societies has risen to highest level in more than a decade, figures show

US stays out of recession despite output fall

World's largest economy reveals slower than expected GDP growth as the UK remains mired in the longest downturn in history

COMMENT: Darling's Christmas turkey

De-stocking takes the wind out of Britain's recovery but it could serve to lift the country out of recession by year end

UK stays in recession as output shrinks by 0.2%

Britain fails to claw its way out of longest downturn in history, leaving it trailing the world's leading economies

More house price rises seen despite squeeze

RICS says despite expected tightening next year the surge in demand for property will lead to an increase in sales

Exports to avert double-dip recession in Japan

Economists say exports to China and the central bank's 'war on deflation' may spare Japan from recession next year

CBI says more jobs pain is on the way in 2010

UK’s biggest employers’ group warns that, although the recession has ended, there is no sign of clear driver of growth

This year could have been a lot worse

Anything could have happened to the banking system, an even worse crisis was averted, for which credit is due to authorities

Skills target to fall short

The aim to match average EU growth rates is unlikely to be achieved in the wake of the downturn say advisers

ONS data suggests recession is already over

Figures to be released are set to show that the recession all but ended in the third quarter of the year, economists say

Worry over housing market as lending falls

Banks and building societies lent about 10 per cent less to homebuyers and remortgagers from previous month

Bill Conway, calling the shots at Carlyle Group

The business baron says that he would like to spend $5 billion next year buying stakes in businesses across the globe

Public sector borrowing soars to record £20.3bn

Woeful state of the nation's finances is laid bare today as Government borrows as never before to pay its bills