Economy News

Party leaders in Greece's ruling coalition end talks on details for a crucial 130bn-euro EU rescue plan without agreement.

The more young people come into contact with employers the less likely they are to drop out of school and become unemployed, research suggests.

More than 100 Conservatives are among MPs who have written to the prime minister calling on him to slash subsidies for onshore wind turbines.

The US economy created 243,000 jobs in January, while the unemployment rate fell to 8.3%, official figures show.

The UK's service sector grew at its fastest rate since March 2011 in January, according to a closely watched survey.

Fewer people were declared insolvent in 2011 in England and Wales than in 2010, but the number of companies going bust increased.

The eurozone's service sector grows for the first time in four months, although Spain and Italy continue to struggle.

The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.

A member of the Bank of England's Monetary Policy Committee criticises banks for not lending enough to businesses and asks if they are "risk-averse jerks".

Premier Wen Jiabao says Beijing is "considering" contributing to European rescue funds, during a visit by German Chancellor Angela Merkel.