Now, it’s official: Britain is out of recession
Britain`s worst recession since World War II is over, official statistics confirmed Tuesday, but the economy remains in the recovery room after managing only feeble growth of 0.1 percent in the fourth quarter.

A 165 bn pound loan keeping Lloyds afloat: Report
British banking major Lloyds Banking Group is being kept afloat with a whopping 165 billion pound of loans and guarantees from the Bank of England and other central banks around the world, a media report said.

Bank of England to pump in 25bn pounds in economy
In a respite to recession hit UK, Bank of England on Thursday decided to put in 25 billion pounds in the economy.

UK economic recovery remains uncertain: Bank of England
The Bank of England on Wednesday said the timing and strength of economic recovery remain "highly uncertain" even though the stimulus could help in improving the British economy.