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Tuesday, October 28, 2025
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ECONOMY

ECB leaves interest rates unchanged as it assesses impact of Trump tariffs

The European Central Bank has left interest rates unchanged as it waits to see how big a blow US President Donald Trump’s tariffs will...

Stocks rise in early Wall Street trading following historic dip

Stocks are rising on Wall Street and around the world to recover some of the historic losses since last week when President Donald Trump...

German government slashes economic growth forecast for this year to 0.3%

The German government has slashed its 2025 growth forecast for the country’s economy – Europe’s biggest – to just 0.3%, after it shrank for...

Financial co-operation and Brics expansion on table as Putin hosts leaders

Russia’s President Vladimir Putin has hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the Brics bloc of...

Europe inflation slips to 5.5% — but that will not stop central bank rate hikes

Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags or to stop...

Bank of England To Hike Interest Rates Up To 5%

According to Reuters British inflation defied predictions of a slowdown and held at 8.7% in May, putting yet more pressure on the Bank of...

£1,600 Universal Basic Income To Be Trialled in England At Whose Cost?

Money for nothing, Universal Basic Income, (UBI) is to be trialled in England for the first time. Under a pilot scheme, 30 people irrespective of...

‘Agreement in principle’ reached in US debt crisis talks

The White House has reached an “agreement in principle” with the Republicans on a deal to limit federal spending and resolve a looming debt...

Germany’s GDP shrinks to put Europe’s biggest economy into a recession

The German economy suffered an unexpected dip in the first quarter of the year, formally putting the country into a recession, new figures show. Germany’s...

European growth forecast raised to 1.1% after winter recession avoided

The European Union’s executive body has raised its economic growth forecast, saying Europe has dodged a winter recession that was feared amid an energy...

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