Martin Baccardax

Chancellor George Osborne begins preparing short-list for new boss at Threadneedle Street that looks depressingly familiar

Critical September employment report shows headline job creation but underlying weakness in world's most important labour market.

The IMF sees slower global growth this year and next as central bank policy fails to offset fiscal austerity in Europe and the United States

Labour Party Leader Ed Miliband's attack on the economic record of Prime Minister David Cameron and Chancellor George Osborne raises several questions of accuracy.

ECB hold its key lending and deposit rates unchanged as it awaits a decision from Spain on a formal European Union bailout.

Britain's top food retailer posts quarterly sales figures amid tight consumer spending and slowing economy.

Ratings firm says it will make a decision on Spain's Baa3 investment grade status in October

Founder of world's biggest bond fund says US needs annual $1.6 trillion in austerity measures.

Currency crisis could escalate economic slowdown as global sanctions on crude take more than $130bn from Tehran each day.

Nearly 5 million Spaniards out of work as recession hits job-rich tourist economy

Spain's €13bn in new austerity measures keeps EU partners happy, but several market tests await.

The twin strategy of central bank profligacy and government austerity continues to struggle as factories slow, demand dries up and jobless rates rise.

Fitch keeps its top grade for Britain's debt but says rising budget deficits and a slowing economy may threaten the triple-A rating.

Chairman gives nod to sweetened Glencore bid on promise to protect key Xstrata managers

Sale of Britain's biggest car insurance group comes after formal OFT referral to Competition Commission.

First Socialist budget in a decade seeks nearly €30 billion in austerity measures as jobless rate hits 13-year high and economy slows.

Prime Minister Mariano Rajoy's 2013 budget will have major implications for Spain, Europe and global financial markets.

Prime Minister Mariano Rajoy's budget comes just 24 hours before a key audit of Spain's banking sector as investors grapple with myriad issues in Europe's fourth-largest economy.

Spain's biggest and richest region will test appetite for independence from Madrid as Prime Minister Rajoy struggles to maintain national unity

Third major austerity protest in a week highlights political challenge to Europe's economic reforms.

Prime Minister Mariano Rajoy faces his toughest week in government as protests highlight unease over steepest austerity measures in modern Spanish history.

Ratings firm's "New Recession in the Eurozone" report paints "bleak picture" for single currency area.

EU lawmakers hear case for major changes as UK's FSA prepares recommendations for biggest reforms in decades.

Plans to increase Europe's permanent bailout fund with some of the same techniques that created the original crisis appear doomed from the beginning.

State-owned lender will shed 3,800 jobs at investment unit by 2013 taking, total job cull under CEO Stephen Hester to more than 36,000 since 2008 rescue

Mario Draghi's bond buying programme has bought time but business leaders in Europe's biggest economy seem to question whether it will be used effectively.

Indonesia-based coal miner founded by Nathaniel Rothschild starts urgent investigation into development funds at coal exporter

The final review of Greece's staggering finances will be published in November as Obama Administration asks for "no surprises" from EU officials before presidential vote.

The timing of the Bank of England Governor's first live television interview raises serious questions about his political independence.