GDP figures to show Britain's double-dip recession is over

The double-dip recession will be officially declared over this week when the Office for National Statistics reveals that the economy grew by around 0.7pc in the months to September.

U.K. Sticks to Budget Cuts as Coalition Eyes Speedier Investment

U.K. Prime Minister David Cameron said his government will continue with its deficit-cutting plans amid calls from opposition lawmakers for a rethink as the economy struggles to recover from a double-dip recession.

Spanish recession to last until 2014, IMF warns

Spain's unprecedented double-dip recession will last for at least a further 18 months and poses a threat to the rest of Europe, the International Monetary Fund said.