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Blow to UK clean power goals as major wind project shelved

The Hornsea 4 project secured government backing at the end of 2024.

May 7, 2025 10:45 am CET

Trump: ‘No intention’ of trying to fire Fed’s Powell

Trump has repeatedly called on the Fed to cut borrowing costs, which would help boost the economy ahead of a potential hit to growth from tariffs.

April 23, 2025 6:06 am CET

European eggflation slows down as American prices surge under Trump

Prices are still rising in Europe — but not as fast as in recent years, and nothing like in the U.S.

April 17, 2025 4:46 pm CET

ECB slashes rates again as desperation mounts over trade war impact

But the seventh consecutive cut may still not be enough to revive European economic fortunes.

April 17, 2025 2:16 pm CET

Trump hammers Federal Reserve chief Powell: ‘Termination cannot come fast enough!’

U.S. president lashes his central bank nemesis for not cutting interest rates fast enough.

April 17, 2025 1:21 pm CET

ECB expected to lower interest rates amid mounting recession fears

Analysts are predicting a cut to 2.25 percent from 2.5 percent.

April 15, 2025 4:41 pm CET

Trump’s tariffs war set to hit UK growth, warns Bank of England

But Breeden said the impact on inflation, and therefore the Bank’s interest-rate decision in May, is uncertain at this stage.

April 10, 2025 4:00 pm CET

Trump tariffs should start ‘march to independence’ for Europe, says ECB chief Lagarde

“I consider it a moment when we can decide together to take our destiny into our own hands,” says European Central Bank boss.

March 31, 2025 9:47 am CET

The Starmer and Reeves double act is about to be tested

A strong, if shallow, partnership at the top has defined Labour in office. Can it hold when the going gets tough?

March 27, 2025 4:02 am CET

Southern Europe rebuffs von der Leyen’s debt-based defense plan

France, Italy and Spain are seeking to boost military spending based on grants rather than loans to avoid increasing their debt loads.

March 26, 2025 4:30 am CET

UK chancellor will double down despite growing opposition

It’s a fiscal gamble, but for now, Reeves will continue to argue there’s no other way than to take the bet she’s making.

March 25, 2025 4:01 am CET

How Berlin’s fiscal flip stunned Brussels and spooked its allies

The weeklong blitz on the EU’s fiscal rules generated more blowback than Germany ever expected.

March 21, 2025 4:23 am CET
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Bank of England holds key rate as Trump trade war clouds inflation outlook

By contrast, the rest of Europe is eyeing an acceleration in growth, as Germany prepares to open its wallet to restore its infrastructure and its defense capabilities.

March 20, 2025 1:17 pm CET

The Fed’s forecast on Trump’s economy: Slower growth, higher inflation

The Fed chief said “a good part” of a projection for higher prices is coming from tariffs.

March 19, 2025 10:50 pm CET

PMQs: Badenoch wins by hammering Starmer on tax hikes

The Tory leader landed blows against the government’s upcoming increase to national insurance contributions — leaving the PM struggling to respond with clarity.

March 19, 2025 2:38 pm CET

PMQs: Starmer wins as he shrugs off Badenoch’s economic digs

Conservative Leader Kemi Badenoch laid into the government’s economic plans — but the prime minister came armed with comebacks.

March 12, 2025 2:23 pm CET

ECB cuts deposit rate again as Europe heads into uncertain future  

But policy easing is no longer on autopilot.

March 6, 2025 2:25 pm CET

ECB set to cut interest rates again as inflation takes a back seat to Trump

But is it enough for the central bank just to take its foot off the brake?

March 3, 2025 4:20 am CET

Green diplomacy survives as UN strikes deal on biodiversity finance

COP16 talks in Rome yielded agreement on funding nature restoration in poorer countries — but some details remain vague.

February 28, 2025 10:35 am CET

German economy could stagnate again this year, Bundesbank says

No growth on horizon for Europe’s biggest economy.

February 25, 2025 11:53 am CET

Greece says EU’s central bank could play role in Europe’s defense crisis

Greek central bank chief says the ECB can discuss support for the defense industry if the EU declares higher spending is a goal.

February 25, 2025 6:00 am CET

Zelenskyy refuses to sign Trump’s rare earths deal — but official says pact is close

“Nearly all key details finalized,” says Ukrainian deputy PM about the controversial minerals agreement.

February 24, 2025 12:33 pm CET

The UK economy just about grew at the end of 2024

News offers a sliver of relief to Keir Starmer’s government.

February 13, 2025 8:45 am CET

Bank of England deals double blow to Keir Starmer

Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation.

February 6, 2025 1:22 pm CET
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