Eurozone rate-setters think a September rate cut is increasingly likely, with central bank polls of analysts’ inflation forecasts and companies’ wage expectations showing they are on track to hit...
The European Central Bank has kept its main interest rate at 3.75 per cent, as its chief Christine Lagarde said the decision on a possible cut in September was “wide open” but downplayed fears of...
19/07/2024
House prices in London rose for the first time in a year in May as the cost of property increased at the fastest pace across the UK since March 2023, according to official data that points to...
18/07/2024
Brussels’ efforts to establish hydrogen as a clean fuel have been criticised by the EU’s audit body in a damning report which says that, despite €18.8bn in funding, the bloc will not achieve its “...
17/07/2024
France’s national auditor has sounded the alarm about “worrying” budget deficits and public debt, warning the country is failing to come into line with Eurozone fiscal rules and is “dangerously...
16/07/2024
European Central Bank officials may be about to prime investors for another interest-rate cut, though only after one of the Governing Council’s longest-ever summer breaks between decisions.With a...
15/07/2024
Germany has ordered a staggered ban on Chinese components in domestic 5G networks by 2029, in a compromise decision that seeks to end a long-running dispute in Berlin over the danger of Beijing’s...
12/07/2024
EU financial markets look set to make the long-awaited move to reduce trade settlement times in 2027, a step that would align them with the UK’s timetable, after the US made the transition earlier...
11/07/2024
Stress levels are increasing among European Central Bank staff, according to a poll, which found almost 40 per cent of its employees are at risk of burnout and 9 per cent have suicidal thoughts.The...
10/07/2024
Britain's finance minister Rachel Reeves set out plans on Monday to increase house building, unblock infrastructure projects and attract private investment as part of a new "national mission" to...
09/07/2024