ECB cuts 2013 eurozone growth forecast (FT)
The European Central Bank downgraded its growth forecast for the eurozone economy saying it would shrink 0.6 per cent in 2013, but it kept its main refinancing rate on hold at 0.5 per cent.
Bank of England keeps rates at 0.5% and QE steady (BBC)
The Bank of England has kept its stimulus programme of quantitative easing (QE) unchanged and also held interest rates at 0.5%.
The decision, at the last Monetary Policy Committee meeting chaired by Sir Mervyn King, was widely expected.
Bank card thefts 'soaring at ATMs' (BBC)
Attempts to steal people's bank cards and Pin codes while they are using cash machines have tripled over the past year, according to figures.
Financial Fraud Action UK says there were 7,525 incidents in the first four months of the year, compared with 2,553 in the similar period in 2012.
China fuels trade row with attack on 'haughty' Europeans (Telegraph)
The official mouthpiece of the Chinese Communist Party has attacked the European Union, lashing out at the “haughty attitudes of certain Europeans” and warning that China still had “plenty of cards” to play in an increasingly acrimonious trade dispute.
House prices post strongest annual growth in nearly three years (Telegraph)
House prices have recorded their strongest year-on-year growth in nearly three years, as market activity increases, according to the Halifax.