World news
House prices post strongest annual growth in nearly three years
Osborne warns over 'badly-timed' Tobin tax
Bank of England says no to more QE
ECB holds interest rates on hopes of recovery
Brussels dismisses 'plainly wrong' IMF criticism over Greece
China-EU trade war a risk for UK growth
Hard-line ECB washes hands of jobless crisis, sees no 'Japanese' deflation
If the Labour Party won't spend, what's the point of it?
EUs unaccountability poses a danger to global economy
Roger Bootle looks to sell Capital Economics
Businesses with bright ideas 'more likely to face funding hurdles'
Saudi prince sues Forbes over size of fortune
Sir Mervyn King attacks EU financial transaction tax
Bank raises growth forecast in rare boost for economy
Heroic Spain is damned if it does, and damned if it doesn't
Foreign-born workers account for 50pc of rise in employment
Recovery hopes as Japan economy expands again
Exiting QE could 'undermine the recovery', IMF warns
One and two cent coins could disappear under EU plans
Japan storms back on weak yen but Asia trembles
There may be no halting this tax juggernaut
EU referendum row a 'distraction' from growth
Coalition minister claims he can see 'green shoots' of recovery
BoE's Weale douses Carney stimulus hopes
Coalition minister claims he can see 'green shoots' of recovery
Ed Davey, the Liberal Democrat energy secretary, has become the first Coalition minister to say he can see the "green shoots" of economic recovery.

Mr Davey said that while Britain was not returning to the "boom times", he believes that growing exports and public investment in infrastructure is "beginning to make a difference".

His suggestion that Britain's economy is emerging from the economic downturn could prove controversial.

In 2009, Baroness Vadera, the then business minister and a close ally of Gordon Brown, was forced to apologise after claiming she could see "green shoots".

Her comments came at a time when thousands of job losses were announced and the FTSE 100 index fell by 5 per cent. She later said she was "sorry" if her comments had been misunderstood.

Earlier this week figures published by the ONS showed that unemployment had increased to 2.52million while average earnings growth was at its lowest level on record.

Earlier this week the National Audit Office raised doubts about the viability of the governments plans to invest in high speed rail and claims that it would help stimulate economic recovery.

Speaking on BBC Radio 5 Live's Question Time Extra programme, Mr Davey said: "It's been a slow thing, it's been much slower than we had wanted, but I think we are beginning to turn a corner.

"I think we can [see the green shoots]. We can't be complacent, far from it. There's really difficult times there.

"I mean trying to deal with the fiscal deficit, the borrowings we were left, given the global economic forces, but we've been steadily, slowly reforming the British economy."

He admitted, however, that he was not an "economic forecaster". He said: "I read the signals that you do. I listen to people like the Governor of the Bank of England. No one thinks that we're going back to boom times ok?

However, there were also signs for encouragement after the number of people claiming unemployment benefit fell by 7,300 in April, more than expected.

Mr Daveys message contrasted with that of Diane Abbott, a Labour MP and shadow minister. She said her party could "capitalise" on public anger about the behaviour of bankers.

If there was to be an economic recovery, pigs would fly. We are going to look at the collapse of George Osbornes promises," she told the Daily Politics on BBC2.

"I think that as the public has to watch, in slow motion, the collapse of Osbornes economic plans and as people understand the reality of these benefit cuts, I know benefit cuts are very popular now, thats because they think its applying to someone else, as they understand the reality, I think the country will move to Labour.

Thanks for new information on rfid and barcode labeling software.

Britain puts brake on slide in European car sales
MPs consider inquiry into London listing rules
Markets are on a crazy, sugar-fuelled journey
Help to Buy puts mortgage market at risk, says King
Sir Mervyn King attacks Osborne plan to boost housing market
UK exporters look beyond sluggish EU
BIS and IMF attacks on QE 'deeply misguided'
Germans blame eurozone crisis for Eurovision flop
'Economic case to stay in EU is overwhelming'
Inflation 'may hamper Carney, warns ITEM Club
Japan upgrades growth outlook
Paul Tucker risks row over bank rescue plans
EU arms second front in China trade war with Huawei probe
Attacks on tax avoidance 'could damage Britain'
Japanese growth could be 'sugar high'
Britain is already in trouble without the IMF making it worse
UK exit from EU would be 'loss/loss scenario', warns Goldman Sachs
Demanding clients get small firms investing at last
UK inflation: sharp fall eases household squeeze
Nigel Farage's biggest problem is Ukip doesn't do details
What next for inflation and interest rates?
Europe faces lost decade, says Mark Carney
Stocks are booming, so beware the bust
HMRC 'errors' cost country £5bn, say MPs
Visit Statistics