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17 May 2012 Last updated at 05:13 ET

Bank warns of euro crisis 'storm'Sir Mervyn King

The Bank of England warns that the eurozone is "tearing itself apart" with the "storm" threatening the UK recovery, as it cuts its forecast for growth this year.


Our Experts

Robert Peston, Business editor Article written by Robert Peston Robert Peston Business editor

Free banking 'a dangerous myth'

The man soon to become the City's top regulator, Andrew Bailey, says free banking is bad for banks and customers, because it hides the true costs of banking services.

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Stephanie Flanders, Economics editor Article written by Stephanie Flanders Stephanie Flanders Economics editor

No quick fix for Euro - maybe a slow one?

If you step back from the monthly and quarterly figures, there is quite a lot of evidence that the slow economic fix to the crisis is happening.

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Expert Views

  • Paul MasonPaul Mason

    The economics editor of Newsnight gives his take on the economic turmoil


  • Gavin HewittGavin Hewitt

    Views and analysis from the BBC's europe editor


Crisis jargon buster
Use the dropdown for easy-to-understand explanations of key financial terms:
AAA-rating
The best credit rating that can be given to a borrower's debts, indicating that the risk of borrowing defaulting is miniscule.

Features & Analysis

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