Economy & Money
European economy, markets, the euro, ECB, inflation and business.
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Global growth is slowing to lowest level since pandemic, says World Bank
Forecast for this year downgraded to 2.5% and inflation expected to jump as a result of war in the Middle East Global economic gro…
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Paper plant closure fears spark community protest
Workers and families held a demonstration with 167 jobs at risk at the site in Launceston.
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BT boss takes home £5.6m as pay and bonus package more than doubles
Allison Kirkby pocketed the payment after BT’s share price surged nearly 80% The chief executive of BT saw her pay and bonus packa…
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Will UK interest rates go up?
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
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Christine Lagarde, Boris Vujčić: Monetary policy statement (with Q&A)
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ITV says its biggest-yet World Cup is a ‘six-week Super Bowl’ for advertising
Broadcaster reveals revenues from expanded tournament are running about 30% higher than for Euro 2024 The World Cup will be the mo…
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ECB raises interest rates for the first time in three years as Iran war fuels inflation
The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as t…
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Monetary policy decisions
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Huge private equity software bets most at risk as investors face returns squeeze, Apollo says
Apollo's deputy global head of private equity warned that PE investors should prepare for a "bifurcation" in returns.
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Why U.S. AI giants like Anthropic, OpenAI are launching major expansions in London
The U.K. capital has become a key growth target for many of the world's most talked about AI companies.
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Anthropic pledges more than €170 million to study AI's impact on jobs
Anthropic unveiled a research fund and a policy roadmap for governments to follow if AI pushes unemployment sharply higher, with t…
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Trump says 'I love the inflation' as US prices rise at fastest rate in three years
The US president later said he had meant that he actually loved that inflation was not higher.
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China’s Jingye seeks compensation from UK over British Steel takeover
Sources say firm is asking for more than £1bn in row that could put pressure on two countries’ relationship Business live – latest…
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Hugo Boss pops 8% after top shareholder Frasers launches $2 billion takeover offer
British retail group Frasers owns a roughly 26% stake in Hugo Boss.
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Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates
Private credit is facing liquidity-related “growing pains,” but higher-for-longer interest rates could create attractive yield opp…
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Korea fines e-commerce giant $400m over data breach affecting millions
The record fine comes after around 37.5 million users had their private data exposed.
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European markets open cautiously ahead of ECB rate decision
The European Central Bank is widely expected to raise interest rates for the first time since 2023 as policymakers respond to risi…
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Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader pri…
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Stickers, shirts and beer: 2026 World Cup could earn Portugal up to €945 million
Despite not hosting a single match, Portugal could see nearly €1 billion in economic benefits from a World Cup increasingly driven…
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'I love the inflation,' Trump says as prices jump again
Trump, who was in part elected on his promises to tackle inflation, said he had been prepared for the war in Iran to hit stock mar…
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Mercedes-Benz joins Europe’s defense push with anti-drone vehicle deal
Mercedes becomes the latest European carmaker to turn to the defense industry in the hope that partnerships can revive the auto in…
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Social media on trial: Four important cases to watch
Social media firms face thousands of lawsuits, the BBC looks at four which could be significant.
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From welder to wealthy: SpaceX IPO could make thousands of employees millionaires
The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, inclu…
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Home Office contractor investigates claims of staff racism and hate speech
Whistleblowers from Mitie allege some employees have made offensive remarks or liked abusive social media posts One of the governm…