GDP

Hannah Brenton looks at the automatic US spending cuts due at the end of the year if politicians fail to reach agreement on the deficit.

Jonathan Stapleton talks to Towers Watson EMEA head of investment Chris Ford about the challenges of deficits and low gilt yields.

The Office for National Statistics has revised up its estimate of second quarter growth from a 0.7% contraction to a fall of 0.5%.

The Bank of England has cut its forecast for economic growth this year to almost zero and has predicted inflation will be below target in the medium term.

The UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.

The International Monetary Fund has cut its forecasts for UK GDP growth for both this year and next as it warns of a "ratcheting up" of financial market and sovereign stress in the eurozone periphery.

The UK economy shrank by 0.3% in the first quarter, the final official reading has confirmed.

The Treasury has brushed off criticism that monetary policy is damaging schemes by claiming quantitative easing has boosted scheme fund values and reduced investment risk.

Andrew Short examines why global equities are back in favour

The UK economy contracted by 0.2% in the first quarter of the year, meaning it has slipped back into technical recession, preliminary estimates from the Office for National Statistics show.