Hungary's January annual inflation is expected to rise above 25% but in February price growth will start slowing which could then allow the central bank to gradually start reducing its interest rates, the minister for economic development said on Sunday. Marton Nagy, a former central bank deputy governor, told state radio that the "very high" interest rates made the government's job difficult and harmed the economy. Prime Minister Viktor Orban's government is trying to avoid economic recession at a time when inflation is still running well above 20%.
My £200,000 offer has been accepted, I have £135,000 from sale of my flat and £75,000 in savings
The oil giants will also have to contend with intensifying calls to put more money into clean energy
Dr James Fox explores whether buying abrdn shares three years ago would have been a good decision and asks: where will the stock go next? The post If I’d invested £1,000 in abrdn shares 3 years ago, here’s how much I’d have now appeared first on The Motley Fool UK.
Get it right to have HMRC off your mind for another year
The Government’s lack of credible growth strategy has left Britain’s economy in the “doldrums” as businesses face a “wall of increased costs and taxes”, the director general of the British Chambers of Commerce (BCC) has warned.
Renewable energy stocks listed in the UK have the potential to generate very attractive levels of passive income. Here's one I'd buy today. The post I’d put £62 a week into this renewable energy stock for £500 a year in passive income appeared first on The Motley Fool UK.
Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.Mio Kato, an analyst at Lightstream Research who publishes on Smartkarma, told AFP that Toyota was likely to keep its top-selling crown in the near term.
Two leading FTSE 100 companies announced changes at the top today, with a new boss appointed at Unilever and Sir Nigel Wilson signalling his retirement after a decade running Legal & General. Ryanair earlier recorded a bigger-than-expected quarterly profit of 211 million euros (£185 million) after a strong Christmas period.
The Dublin-based airline said average fares between October and December were 14% above 2019 levels.
It was previously pushed into administration in March 2020 with the loss of 2,400 jobs as the pandemic destroyed large parts of the travel sector.
Staff relations are at rock bottom, investment is shrinking and franchising has failed. But even so, passengers are trickling back. Can the network be revived?
Here's my straightforward six-step approach for investing in the stocks and shares of individual listed companies with potential. The post Can effective investing in stocks and shares really be this simple? appeared first on The Motley Fool UK.
For as long as office jobs have existed, employees have threatened to leave – or talked openly about looking for other positions – as a negotiation tool to help secure things like a promotion or pay rise.
Lidl GB added that the move will accelerate previously announced spending plans.
Most of the shares I bought in 2022 have done well, but not this well-known FTSE 250 stock. It tumbled hard after the company scrapped its hefty dividend. The post I deeply regret buying this FTSE 250 share! appeared first on The Motley Fool UK.
Decision would pile more pressure on already-strained borrowers
Half of over-50s who have dropped out of the workforce are jobless because of long-term sickness or disability, new analysis shows, in a blow to Jeremy Hunt’s ambitions to lure more of this group back into employment.
Lord Young signalled that Nadhim Zahawi should step away from his Conservative Party role during the inquiry.
Mayors and councils will keep more taxes paid in their local areas under plans being studied by Jeremy Hunt to boost local coffers.
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