Borrowers including Italy face ‘double whammy’ of higher funding costs and slowing growth

Uptick in services and manufacturing sentiment surveys fuels hope that worst is over

Move is expected to be resisted in some quarters as it breaches state aid rules

Has the biggest monetary policy experiment of modern times actually worked?

Output falls 5.3% in year to October, weighing on eurozone growth outlook

Practice proves controversial in country where ECB has been accused of penalising savers

Lloyds pulls £109 billion mandate in blow to recently merged fund manager

Bank may have to sell more assets after setting aside more than £3 billion to cover legal and compensation claims