Shane Croucher

In the latest European Fund Managers Survey from BofA Merrill Lynch investors have stayed calm in the hope that the European Central Bank will control the eurozone crisis with more QE.

Strong growth in non-EU exports helped boost overall growth in exports, though minimal growth in EU exports held the total back.

Chancellor George Osborne and Bank of England governor Sir Mervyn King should blame domestic austerity for recession and a lack of growth, says Barclays.

Ina Drew, JPMorgan's chief investment officer who was responsible for overseeing a huge trading loss at the bank, is to retire.

Ina Drew, Achilles Macris, and Javier Martin-Artajo, three of JPMorgan's top bankers, will resign over a huge $2bn trading loss, according to Reuters.

Chancellor George Osborne has suffered a downpour of bad economic news for the UK in recent months and there looks like no end to Britain's economic woes

The Office for National Statistics (ONS) said it may have to revise its first quarter GDP estimates down to a worse contraction after abysmal construction sector data.

International Airlines Group, the parent company of British Airways and Iberia, has posted a first quarter loss of €249m.

William Hill and Ladbrokes suspend bets as inconclusive elections make it a hot favourite with punters to exit.

Bank of England rate setters stay the course as they juggle high inflation and a weak economy.

The bankers' bonus pool for the City of London will be cut by almost half this year, according to the Centre for Economics and Business Research (CEBR).

Gold investors look to be fleeing to a strengthening dollar and German bunds, as euro hits 15-week low.

GlaxoSmithKline, the British pharmaceutical company, will approach shareholders directly after the HGS board rejected its $2.6bn takeover bid.

Britain's biggest insurer Prudential has reported a solid 9 percent sales growth in the first quarter, underpinned by a booming Asian business and despite a declining UK market.

Sainsbury, the third biggest supermarket in the UK, said profit grew 7.1 percent across the year in its preliminary annual results.

Prime Minister David Cameron and Deputy Prime Minister Nick Clegg admitted that they must do more to get the UK's mired economy growing again.

As yet more rows start over executive pay, IBTimes UK looks at the issues around salary-setting remuneration committees and the calls for their reform.

UK house prices fell at their quickest pace in April, according to the Royal Institute of Chartered Surveyors.

Labour Party leader emerges from council elections in stronger position with hundreds of seats taken.

Conservatives' Boris Johnson is ahead in the count and looks set to beat Labour's Ken Livingstone unless there is an 11th-hour turnaround.

A house price index from Halifax shows UK house prices as dropping 2.4 percent after surging demand ahead of the end of a stamp duty holiday pushed them up.

John Lewis, the employee-owned co-operative, has reported significant sales growth for the week ending 28 April.

David Cameron's Conservative-Liberal Democrat coalition has been punished by voters in local elections over its austerity measures and a weak economy.

The United Nations Food Price Index reports its first fall in four months, driven by dairy, sugar and cereals.

Morrisons, Britain's fourth biggest supermarket, said its first quarter performance broadly met expectations.

BMW's MINI Coupé and Roadster models had solid sales performance, as the luxury car group posted record first quarter results.

Despite official estimates of a plunge in construction sector output, PMI data continues to show steady growth in sector activity.

Next sales were up, boosted by its online and catalogue business Next Directory, for the first quarter as the company holds its outlook for the half year.

BSkyB shares lifted despite a report by the Culture, Media, and Sport Select Committee heavily criticising both Rupert and James Murdoch.