China’s economy is growing at a “reasonable” pace and, despite growing pressures, the government can handle well the risks the country now faces, Chinese Premier Li Keqiang said at the weekend.

Hopes that the UK can maintain its AAA credit are fading, economists said today.

Lending by Britain's top five banks shrank every quarter last year, official figures revealed today, in an embarrassing blow to the British Chancellor's Project Merlin agreement.

Britain's manufacturers will only see a muted recovery this year under a "far from certain" outlook for the UK economy, a new report predicted today.