Sports Calendar

Panel tells Bank to halt money printing

Signs of recession ending should lead Bank of England to put on hold its campaign to combat the slump, Times panel says

Times MPC : The August verdict

The Times panel votes eight to one in favour of the Bank of England keeping quantitative easing on hold

Times MPC urges Bank to suspend new money scheme

Majority of The Times panel recommend that the Bank hold off extending quantitative easing - but only temporarily

Italian tax amnesty reaps €80 billion

Economy minister declares that "the time of tax havens is over" as verbal war with Switzerland continues

Greece to slash spending with austerity budget

Prime Minister promises to cut budget deficit from 12.7 per cent of GDP to below 9.4 per cent next year

MPC leaves door ajar for more new money

Monetary Policy Committee voted unanimously to leave rates unchanged and declined to rule out more quantitative easing

Greece sidesteps public sector reform

Government decides best course of action for economy is to chase tax evaders and crack down on corruption

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