News

* New economic forecasts seen gloomier on growth (Updates with quotes from news conference)

The European Central Bank maintained on Thursday its long-standing assessment that risks to growth remain "broadly balanced", but acknowledged that downside elements were becoming more prominent.

EU has resisted UK request for full legal guarantees that measure would be shortlived

The prospects of the PM getting her deal through the Commons are as dismal as ever

Referrals to counter-radicalisation programme Prevent rise by more than a third

* Tens of thousands avoid legal work due to punitive payments

Icelandic low-cost carrier WOW air, which is in talks with U.S. private equity fund Indigo Partners about a potential investment, said on Thursday it would reduce its fleet to 11 aircraft from twenty and cut 111 jobs.

European lawmakers on Thursday approved a two-year extension of a discredited interest rate benchmark in a bid to avert a crunch that would affect trillions of euros' worth of contracts. The EONIA benchmark is based on the rate European banks charge for lending to each other overnight, and is published...

About 20 per cent of offences dealt with by courts were committed by youngsters aged 10 to 17