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Economy

UK borrows more money ahead of expected tax cuts

The UK sees second-highest October borrowing on record as experts predict a tax cut announcement on Wednesday..

Economy

Real food inflation in Europe: Which countries are hit the hardest?

Annual inflation in the EU has been declining whilst food inflation remains high, hitting low-income families across Europe.

Markets

Markets’ week ahead: European stocks inch up on Japan rally

European markets started the week on a relatively strong note, with positive sentiment spilling over from Japanese stocks

Markets

Weekly markets wrap: European shares shine as US inflation slows

European stocks were looking up this week, following a slowdown in US inflation in October.

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Economy

Time to buy a house? UK prices are falling, rents are sky-high

House prices in the UK fell compared to last year, the first time since 2012, according to official data.

Economy

What France’s inflation and unemployment rates could mean for Europe

Inflation keeps shrinking in France while unemployment continues to climb - a trend observed since the beginning of the year. Could Europe soon see a similar scenario?

Economy

UK inflation falls: Why it matters more than we think

UK prices fell in October to a two-year low, driven by easing gas and electricity inflation, the latest Consumer Price Index data showed.

Economy

US CPI inflation data: Why does it matter?

US inflation in October fell below market expectations causing stocks and bonds to rally whilst the dollar and US Treasury yields weakened.

Business

Is economic pessimism in Germany finally improving?

German investors are more hopeful than expected as analysts predict a continued decline in inflation.

Economy

UK wages rise adding to Bank of England inflation woes

Earnings, excluding bonuses, were 7.7% higher than a year earlier in the period from July to September, official data showed.

Economy

Euro area employment rises as GDP shrinks

EU and euro area figures for gross domestic product (GDP) and employment remain relatively stable for 2023’s third quarter compared to the previous three months, according to data from Eurostat.

Economy

ECB: Eurozone inflation could rebound in next months

Inflation could pick up temporarily while eurozone economic growth will remain weak in the near term, said European Central Bank Vice President Luis de Guindos.

Business

German inflation at lowest level in two years

Germany’s Federal Statistical Office has published inflation figures for September, which come in at +3.8% compared with the same month last year.

Markets

High interest rates and weak demand hit Europe's economy

European markets were higher on Tuesday as investors digested a raft of economic data from across the Eurozone, as well as more corporate updates, including BP's latest earnings.

Economy

Eurozone inflation falls further than expected to 2.9% in October

Inflation in the eurozone fell more sharply than expected to 2.9% in October, according to the EU's statistics office.

Business

Energy crisis: Who has the priciest electricity and gas in Europe?

The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023.

Economy

Russian central bank raises interest rate to 15%

High inflation and the weak rouble triggered a higher than expected raise.

Economy

Nearly 1 in 12 Italians live in ‘absolute poverty’, report finds

There are now over 5.6 million Italians who cannot afford the cost of bare essentials like food, shelter, education and healthcare, according to a recent report by ISTAT.

Business

Mixed results for European banks against difficult economic backdrop

Deutsche Bank, Barclays, and Lloyds have all released their third-quarter results this week. Euronews brings you the essentials.

Economy

Cost of living and hot weather cause retail sales to fall in UK

The cost of living crisis keeps on curtailing consumers’ ability to spend on non-essential items. This autumn’s exceptionally hot weather also deterred people from buying winter clothes.