Now playing Next Europe News Who are the new faces in the British Labour government? After a landslide Labour victory in the UK general elections, the new administration will have the first man of colour leading the foreign department and the first woman at the helm of Britain’s finances. Meet Keir Starmer's new lieutenants. 10/07/2024
Now playing Next Markets Decoding the digital euro: A potential new means of payment The European Central Bank (ECB) is working on the preparatory phase of the digital euro to make it as close to cash as possible in terms of privacy, safety, and accessibility — yet stakeholders remain concerned about its design and necessity. 05/07/2024
Now playing Next Business Commission probes AI finance risk as it finalises new law Overusing robots could lead to bias, panic or just bad advice, officials worry. 18/06/2024
Now playing Next Green News Can the world agree on climate finance before COP29? Countries are set to make a new commitment on climate finance at the UN climate conference in November this year. 12/06/2024
Now playing Next Markets Markets see 'emotional reaction' to European election results European assets face a risk-off session post-weekend's parliamentary elections. The euro saw the worst two-day performance against the dollar since February 2023. All European indices were in negative territory. 10/06/2024
Now playing Next Economy EU Elections: What are the risks ahead for European banks? Despite the meteoric performance of the EU banking stocks, the sector may encounter challenges amid the EU elections, with the joint deposit insurance policy still unresolved. 07/06/2024
Now playing Next Economy ECB expected to cut interest rates: What you need to know The European Central Bank is expected to cut interest rates by 25 basis points at its meeting this afternoon, reducing the main refinancing rate to 4.25%, the marginal lending rate to 4.50%, and the deposit rate to 3.75%. 04/06/2024
Now playing Next Green News What is the Bonn Climate Change Conference and why does it matter? Around 6,000 people will gather for discussions halfway to COP29 in Azerbaijan this November. 03/06/2024
Now playing Next Economy What is a financial influencer and how do we know we can trust them? About one third of Gen Zers now turn to social media and financial influencers for money tips, according to Intuit Credit Karma. However, this also comes with regulatory challenges for those sharing them. 03/06/2024
Now playing Next Economy Fewer women in finance are top earners as UK gender pay gap widens The pandemic has had a major impact on the numbers, with women facing more layoffs than men, and taking on the main share of unpaid care work too. 29/05/2024
Now playing Next Markets Ahead in the markets: manufacturing PMIs, UK CPI and Nvidia earnings In the week ahead, global manufacturing PMIs, inflation data from the United Kingdom (UK), and Nvidia’s quarterly results will be in the spotlight for the financial markets. 20/05/2024
Now playing Next Europe News 8 MEPs who could dominate economic and finance policy The EU’s 720 lawmakers will spend the next five years pondering issues including a digital euro and capital markets reform – but which MEPs will likely stand out? 15/05/2024
Now playing Next Green News Banks are propping up fossil fuels to the tune of €6.5 trillion Barclays, Santander and Deutsche Bank were among Europe’s biggest fossil fuel financers in 2023. 13/05/2024
Now playing Next Business Eye on the Markets: Eurozone GDP and US CPI in the Spotlight This week, investors await the eurozone's flash Q1 GDP and final April CPI figures, alongside crucial US April inflation data, pivotal for central banks' interest rate decisions and investment sentiment. 13/05/2024
Now playing Next Green News Biden announces billions of dollars in grants for rooftop solar Biden announced €6.6 billion in grants that can be used for investments such as rooftop solar and community solar gardens 23/04/2024
Now playing Next Green News Launch of energy efficiency coalition seeks to fill investment gap Implementation of EU laws to slash energy use and increase efficiency in the bloc’s building stock will require a great amount of financing, according to EU officials. 22/04/2024
Now playing Next Climate Climate change will cut incomes by a fifth by 2050, scientists say In Europe, southern countries like Spain and Italy will bear the brunt of declining incomes, while Arctic-adjacent nations could benefit. 18/04/2024
Now playing Next Economy Famous names petition G20 in call for debt and climate crisis reform More than 100 signatories, including a number of celebrities, send an open letter to the G20 asking for reform to the global financial system. 16/04/2024
Now playing Next Green News Record debt could delay climate adaptation, experts warn The UN Environment Programme estimates that developing nations will need up to €364 trillion each year in public finance for climate adaptation this decade. 15/04/2024
Now playing Next Markets Weekly round-up: Markets at crossroads following ECB’s rate-cut hint The European stock markets will likely end the week in the red for the second straight week due to surging bond yields, despite the European Central Bank’s hint for a June rate cut. 12/04/2024