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Economics News and Commentary
 
News: BBC News: Economy

US job numbers show strong growth
The US economy created 243,000 jobs in January, while the unemployment rate fell to 8.3%, official figures show.

Service sector sees strong growth
The UK's service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.

Personal insolvencies 'down 11%'
Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.

Eurozone service sector growing
The eurozone's service sector grows for the first time in four months, although Spain and Italy continue to struggle.

UK recession looms, says report
The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.

MPC member attacks lending cuts
A member of the Bank of England's Monetary Policy Committee criticises banks for not lending enough to businesses and asks if they are "risk-averse jerks".

China 'considering' eurozone help
Premier Wen Jiabao says Beijing is "considering" contributing to European rescue funds, during a visit by German Chancellor Angela Merkel.

Bank says Irish recession to stay
Ireland's Central Bank says the country's domestic economy will remain in recession through 2012.

UK manufacturing activity expands
The UK's manufacturing sector returned to growth in January, a survey indicates, with activity at its highest level for eight months.

Case for tax cuts 'is stronger'
The argument for the chancellor to cut taxes to boost the economy is stronger than it was a year ago, the Institute for Fiscal Studies says.

Manufacturing data boosts markets
Promising figures for manufacturing output in economies throughout the world boost stock markets.

China data shows slowing demand
The demand for Chinese exports falls as global economic uncertainty continues to hurt consumer confidence.

Hong Kong unveils relief measures
Hong Kong unveils measures worth nearly $10bn (£6.5bn) to help local residents and businesses prepare for a "difficult year.â€

China 'subsidising' part makers
A US trade group accuses China of providing "illegal" subsidies to car part manufacturers, a practise it says is hurting US firms.

Euro unemployment hits new record
The unemployment rate in the eurozone hit a record high of 10.4% at the end of last year, the Eurostat agency says.

Czechs and UK refuse EU agreement
Twenty-five of the 27 EU states agree to sign a fiscal pact for stricter rules to try to prevent future debt crises, with the UK and Czech Republic refusing.

VIDEO: How can countries go bust?
How can countries or governments go bust?

VIDEO: Why do banks go bust?
We've all become acutely aware in recent years how easily a big bank can reach the point of collapse. But why does it happen?

VIDEO: What is the IMF?
The International Monetary Fund touches a raw nerve in many developing countries, and is now doing the same in some European ones.

VIDEO: What is Quantitative Easing?
Central banks, including the Bank of England / the US Federal Reserve, are using "quantitative easing" to bolster their economies, but what is it?

VIDEO: What is austerity?
Greece provides a lesson in how raising taxes and cutting spending can be a painfully uphill, and even self-defeating, task.

VIDEO: What are bonds?
When a government or a big company wants to borrow money, it issues what is known as a "bond" - but what exactly is it?

Credit unions hoping to widen net
Credit unions hope a new law will boost membership numbers

VIDEO: Do the super-rich pay their way?
Do the super-rich pay their way?

Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy

Why Greece won't go away
A Greek debt deal won't resolve the country's real problems

Brics catch quickfire trade habit
Ultra-fast share trading is catching on in emerging markets

Free market failure: Isn't it time to consider a different model?
Isn't it time to consider a different model?

Davos: Youth unemployment 'disaster'
Why ending the lost generation 'disaster' matters

 
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