Widely regarded as a reliable and objective benchmark of measuring an economy’s size and success, GDP is in fact deeply and increasingly flawed, writes Mark Cliffe.

The Bank of England’s latest quarterly inflation report will provide the economic highlight this week, while bookmaker Ladbrokes and retailer Thorntons are among those due to report on the London market.

The US Federal Reserve is expected to unveil plans today to inject billions of dollars into the country’s economy to jump-start its sluggish recovery.

The US Federal Reserve is expected to unveil plans tomorrow to inject billions of dollars into the country’s economy to jump-start its sluggish recovery.