European Central Bank keeps interest rates at 0.25%

The European Central Bank (ECB) has kept its benchmark interest rate at its record low of 0.25%. The bank slightly raised its forecast for growth to 1.2% in 2014, but dropped its inflation estimate.

ECB's Mario Draghi spots 'encouraging' UK economy signs

European Central Bank (ECB) president Mario Draghi has said he sees "encouraging signs of tangible improvements" in the UK economy.