Economy
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EU tables plan to allow Ukrainians to convert hryvnia to euros
The European Commission has tabled proposals that would allow refugees from Ukraine to convert their hryvnia currency into euros. Under plans presented…
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UK will join US in strategic oil reserves release – report
The UK will reportedly join the US in releasing more oil from its reserves as part of a joint effort to lower…
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Eurozone manufacturing growth falls to 14-month low
Eurozone manufacturing growth eased to a 14-month low in March as rising inflation and geopolitical tensions took their toll, according to a…
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UK manufacturing growth eases to 13-month low
UK manufacturing growth hit a 13-month low in March, while business optimism fell to a 14-month low, according to a survey released…
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Confidence among business leaders collapses – IoD
Confidence among business leaders has collapsed as the invasion of Ukraine, rising costs and soaring inflation weigh heavily, a survey by the…
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UK GDP grows more than initially estimated in Q4
The UK economy grew at a faster pace than initially estimated in the fourth quarter of last year, according to data released…
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Shop prices soar as rising costs bite
Shop price inflation spiked in March to reach levels not seen since 2011, industry research showed on Wednesday. According to the latest…
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UK consumer borrowing rises as cost of living surges
UK consumer borrowing rose sharply in February and savings deposits fell as the cost of living increased, Bank of England figures showed.…
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Ukraine war set to batter German consumer sentiment – GfK
German consumer morale is likely to slump next month as the war in Ukraine pushed consumer expectations to their lowest since the…
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UK facing historic energy shock – BoE’s Bailey
Bank of England Governor Andrew Bailey has warned that the shock to real incomes from rising energy prices will be worse than…
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