GDP

For the service sector dependent Britain, each holiday costs the economy £2.3 billion.

The Britain's industrial output experienced a major decline in almost a year in February, confounding previous upbeat private-sector surveys and signalling doubt on the UK's economic recovery.

MPC's key lending rate unchanged for 37th consecutive month

Governor Mervyn King and the MPC face growth and inflation dilemma

Research from the Institute of Grocery Distribution shows that the UK will become the eight largest grocery market in the world, pushing Germany down to ninth place.

Activity slumps below growth mark, but outlook hits 8-month high

Service sector growth builds on positive data from the construction, manufacturing sectors.

Bond yields rise as debt auction indicates investor concern over economic fate

Growth in the UK's construction and manufacturing sectors pushed Sterling up against the dollar.

Government says Debt levels rise as jobless rate doubles past EU average

British economy may be poised for sharp recovery

More than 17 million unemployed in February, a 1.5 million increase on same month in 2011.

Figures best in Europe, indicate potential rebound for moribund British Economy

Greece's premier has warned in an Italian newspaper that he cannot exclude the possibility of the country needing a third IMF-eurozone bailout.

David Cameron's toughest week since taking office sets the stage for a long, hot summer

The recession-hit country is trying to meet strict EU deficit reduction targets and will unveil its deepest government cuts yet, causing unions to strike.

Survey warns that more than a quarter of people have no savings amid fears over second recession.

The Office for National Statistics has revised its growth figures down for the final quarter of 2011 - to an even bigger 0.3% contraction.

The president of the European Central Bank insists the worst of the eurozone crisis is over, but do investors agree?

Economic data for Ireland reveals economy contracted in final two quarters of 2011 - and eurozone looks set to follow.

World's manufacturing economies showing weakness as UK high street sales fall more than forecast.

The U.K.'s public sector net borrowing increased more than anticipated in February 2012, while striking a record value for the month of February, according to the latest data released from Office for National Statistics (ONS).

Office for Budget Responsibility improves outlook for UK economic growth but critics say it is too optimistic in face of increasing global competition.

Thinktank warns chancellor of last opportunity to get Britain growing ahead of next general election.

India's annual budget proposed a 17 percent hike in its defense expenditure.

Britain's slow and steady economic growth helps it in avoiding recession, followed by upbeat data and last week's Greek debt restructuring. The Bank of England holds its asset purchase programme at £325 billion, as economists predicted 0.2 per cent growth in the current quarter.

SThree, the permanent and contract staffing group, says that the GDP growth and the staffing market are not linearly related, given the current levels of global economic and political uncertainty, it is difficult to foretell the kind of market conditions the group will face during 2012 with any accuracy.

Aggreko, the rental provider of power generation and temperature control equipment, started its FY2012 with a strong position with at least 20 per cent more on hire in international power projects than at the start of 2011.

The Australian services sector saw a deep slide in February, with the Performance of Services Index (PSI) retreating by 5.2 points to 46.7 in the month, clearly indicating an alarming contraction level that was last seen more than two years ago.

UK markets brush off latest multibillion eurozone deal to save crisis-hit Greece.