Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.29
    +1.39 (+1.70%)
     

  • GOLD FUTURES

    2,339.60
    -6.80 (-0.29%)
     

  • DOW

    38,515.49
    +275.51 (+0.72%)
     

  • Bitcoin GBP

    53,549.05
    +222.86 (+0.42%)
     

  • CMC Crypto 200

    1,437.43
    +22.67 (+1.60%)
     

  • NASDAQ Composite

    15,722.57
    +271.26 (+1.76%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Euro underpins prosperity, not a source of unfairness -Lagarde

Reuters - UK Focus
Updated

FRANKFURT, Jan 16 (Reuters) - The euro currency underpins prosperity, European Central Bank President Christine Lagarde said on Thursday, batting back criticism that unfair rules governing the currency bloc are among the sources of recent global trade tensions.

"Global trade tensions are arising, essentially, because of perceptions of unfairness – be it over state support for industries, undercutting of labour standards or currency manipulation," Lagarde said in Frankfurt.

"But none of those things are possible within Europe – by design," she added. "The EU and the euro are not incidental to our prosperity, in other words. They are the vital ingredients."

(Reporting by Balazs Koranyi Editing by Chris Reese)