Recession

First recession since 2009

The economic downturn has adversely affected workplaces yet job satisfaction has improved, three-quarters of UK managers have said.

European leaders are set to announce a long-term deal that would see the EU budget cut, in real terms, for the first time since the European Union was created.

Insurers will be forced to get tech savvy next year as the on-going economic pressure takes its toll, Ovum has said.

UK GDP rose by 1% in the third quarter of 2012, bringing the UK out of recession with first positive quarter of growth this year and beating analyst forecasts of a 0.6% rise.

Two of Britain's biggest insurers are poised to slash dividends this week, potentially derailing the stockmarket's blockbuster summer rally, The Times reports.

The recession is having a distinct effect on the usage of employee assistance programmes (EAP) in the workplace through employees feeling increasingly stressed, according to Canada Life.