BBC News
Youth unemployment was down by 17,000 to 1.02 million. But the number of people unemployed for over a year amplified by 27,000 to 887,000, being the worst total since 1996. Read more
The Independent
By Ben Chu
The Bank of England has cut its 2012 growth estimates for the UK economy, elevated its near-term inflation outlook issuing a warning about possible economic destruction the eurozone sovereign debt crisis may inflict. Read more
The guardian
Heather Stewart and Larry Elliott
London 2012 will bring large tourist numbers with extra public spending that possibly will see off the double-dip recession, according to Threadneedle Street. Read more
CITY AM
Allister Heath
When a country’s prime minister cautions that its banks are in danger, and discloses that depositors are pulling out cash from their accounts at a record rate, it is time to pull out the tin hats and cans of baked beans. Read more
BBC News
The development of an "industrial bank" and a new emphasis on manufacturing skills are among ideas supported in a study by business advisers BDO. Read more
The telegraph
By Louisa Peacock
The latest unemployment figures, show a record number of people working part-time and a third of all jobless Britons being out of work for over a year. Read more
