ECONOMY

Recession in the West, euro breakup, tighter budgets in Britain and a jittery Asian economy paint bleak picture, according to Centre for Economic and Business Research.

Workers gave bosses nearly £30bn of free labour last year - the equivalent of a million full-time jobs.

A Youtube user, derDon1234, has posted a 10-minute video showing important events from 1911 to 2011.

One in four of Spain's working population out of work with jobless numbers hitting record 4.42 million.

Finance chiefs predict UK is likely to face another economic crisis in 2012.

Survey by Lloyds Bank reveals most big British businesses pessimistic about UK economy.

British holidaymakers may be planning to holiday in 2012, but which destination to choose?

Big crowds gathered in almost all major cities in the continent to celebrate the arrival of 2012.

A poll of 20 hedge fund managers, economists and traders conducted by Reuters predicts that gold prices will fall below $ 1500 an ounce over the first quarter of next year.

Euro ends year on weak note with slumps against major currencies as debt crisis goes on.

Campden Hill Square, in Kensington and Chelsea, is the most expensive street in the UK where the average cost of a house is almost £5 million.

Third of claimants for unemployment benefits have recent criminal record, say official statistics.

Britain's high streets swamped with bargain-hunting shoppers determined to beat economic gloom.

Applications from China's patent office have gone up by an average of 16.7 per cent annually; from 171,000 in 2006 to nearly 314,000 in 2010.

Hidden credit and debit card surcharges face axe as Treasury plans crackdown to help consumers.

Last full day of shopping before holiday expects £2 billion to pass through the tills in just over 12 hours of trading.

Squeezed budgets will cause as many as three in five people in the UK to wait until the January sales to do their Christmas shopping, a survey claims.

The much-talked about $20 million custom-made massive mansion of supermodel Gisele Bundchen and Tom Brady in California is almost complete and the couple is all set to move into their lush house as per recent reports.

London's first cable car tower has been completed and the transport link made its debut on the London Underground Tube map.

The Chancellor of the Exchequer, George Osborne, received welcome news ahead of the Christmas break as growth figures for the UK were better than expected between July and September.

The charges were related to the incidents happened during Kexue’s term in Dow Agrosciences and Cargill Inc. Kexue worked with Dow Agrosciences during 2003- 2008 and in Cargill Inc. during the period of 2008 to 2009.

The first prize of “El Gordo” or the “Fat One” would be 4 million euros which is the highest amount ever and the second prize would be worth 1.25 million euros.

You'll have to shout, Mrs Merkel, because either the Markets didn't hear you or they have totally ignored your message.

The UK beer market has seen its total market value drop by £2.2 billion over six years, a report concludes.

On the day the Business Secretary launched a stinging attack on banks, chief executive of Charity Bank Malcolm Hayday spoke exclusively to the International Business Times on how trust has broken down and how to fix it.

Total net property wealth for all private households in the United Kingdom dropped by more than £131bn (3.7 percent), to £3.375bn between 2206/08 and 2008/10 according to a report.

More than a fifth of the UK population will be prevented from seeing friends and family this Christmas due to high fuel costs, a study claims.

Exposed: Revenue & Customs under scrutiny after MPs publish damning report into how corporations enjoy cosy relationship with the taxman.

Mario Draghi warns MEPs that debt contagion could spread worldwide as banks face major funding constraint in new year with €750bn in eurobonds called in.