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Economy

UK inflation slowed to 2.8% in February, fuelling hopes of a rate cut

The better-than-expected inflation figure comes as a relief to the economy as it faces the looming threat of stagflation: high inflation coupled with low output.

Destinations

European destinations where your money will go the furthest

80 per cent of British holidaymakers said deals and prices in travel adverts were their main inspiration.

Economy

ECB cuts rates for sixth time since June despite sticky inflation

The European Central Bank cut its benchmark interest rate by a quarter point to 2.5% on Thursday as inflation nears 2% and growth remains weak.

Economy

Eurozone inflation falls less than expected: ECB rate cuts at risk?

Eurozone inflation eased to 2.4% in February but remained above forecasts, complicating the ECB’s rate-cut plans. Monthly price pressures, meanwhile, hit a 10-month high.

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Economy

Inflation in France hits its lowest level in four years in February

France is standing out from the crowd, other leading European economies including Germany and Spain reported higher inflation for February.

Business

Spain: Annual inflation shows a rise as energy costs boost price index

Prices in the EU's fourth-largest economy increased for the fifth consecutive month in February, compared to the previous year.

Europe News

EU could save €2.5 trillion on energy bills by 2040

In Europe, around 47 million people are currently living in energy poverty and businesses are complaining that high energy prices make them much less competitive.

Economy

Manufacturing sector in France sees lowest fall since May 2024

Although France’s manufacturing sector suffered in February, the UK’s services sector saw growth this month, with Germany’s manufacturing PMI hitting its highest reading in 24 months as well.

Economy

German producer price rises show weaker-than-expected demand

Durable good and capital good prices were responsible for the slight rise but the figures indicate the economy continues to struggle with weaker demand and increased international competition.

Business

Why is Turkey sending thousands of tonnes of eggs to US buyers?

A preliminary agreement between the two countries means 15,000 tonnes of eggs will be sent to the US by July.

Economy

Fixed vs variable electricity tariffs: Which one saves you more?

Fixed and variable electricity tariffs each have their own advantages and drawbacks, which vary across Europe. As of January 2025, fixed prices are slightly lower than variable contracts on average in 14 countries.

Economy

Who pays the most and least for electricity and gas across Europe?

Residential end-user electricity and gas prices vary widely across European capitals. When adjusted for PPS, country rankings shift significantly.

Europe News

Romania's Georgescu calls on supporters to join supermarket boycott

Romania is the latest country to join a supermarket that has gained traction across the Balkans, with far-right ultranationalist Călin Georgescu calling on his supporters to join the initiative.

Travel News

Italy or Spain? Where you can save money on a European package holiday

Package holidays have been more popular since COVID - but that is driving up prices.

Economy

Inflation eases in Sweden as hopes of rate cut from Riksbank grow

Analysts are now hopeful that the Swedish central bank will lower its key policy rate later this month, following five interest rate cuts last year.

Markets

European gas prices soar after Russian gas flow via Ukraine stops

European natural gas futures climbed the highest since October 2023 after Russian gas flows to Europe via Ukraine stopped on New Year's Day.

Markets

Coffee and cocoa on track to be largest commodity gainers of 2024

Cocoa and coffee saw some of the steepest price increases this year, exacerbated by falling supply and escalating global trade tensions.

Earth News

How climate change is threatening our favourite Christmas foods

Rising temperatures, drought, and soaring energy costs are putting favourite foods on the Christmas menu at risk.

Business

Jaguar's all-electric models set for a higher-than-thought price surge

Jaguar Land Rover's chief executive officer (CEO), Adrian Mardell, has said more about how much the company's new electric models could cost.

Travel News

Eurostar worst-performing rail operator in Europe, report says

The report’s authors say the results of its survey underline the need for improvements to rail services across Europe.

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