Recent strength in Europeβs fuel markets is starting to fade, eroding oil refinersβ margins and taking away a supportive factor for crude prices as the year draws to a close.
Germanyβs cabinet approved plans for a state-subsidized retirement savings account for youngsters, part of a broader push by Chancellor Friedrich Merzβs coalition to shore up a pension system under growing strain.
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live β latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England wβ¦
Santander Economist Victoria Clarke reacts to UK inflation data which slipped to its lowest level in eight months, a bigger than expected drop that clears the path to an interest-rate cut at the Bank of England on Thursday. She speaks on Bloomberg Television.
Colder weather and rising electricity and fuel costs will lead to a big jump in costs for individuals, according to estimates from a group representing state energy officials.
βWe ask auto and steel workers to compete with the world, yet we treat research funding as something that must be protected from it,β an economist writes.