Bank of England Markets Director Paul Fisher said policy makers must continue to provide support to the British economy so that companies and consumers have room to reduce debts and rebuild confidence.
Friday 08:00 BST. Japanese stocks closed higher, but only after another extremely volatile session leaked uncertainty into global equity markets that some investors consider vulnerable after many months of strong gains.
A Guernsey airline is considering using bigger planes after becoming the only operator to fly to Gatwick. The Treasury and Resources Department is the sole shareholder in Aurigny and said it is considering leasing or buying aircraft outright.
Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.
A day after the International Monetary Fund urged the government to do more to spur growth, Britain's official statisticians have reminded economists of just how far the UK economy remains from full health.