Yahoo Finance Inflation falls slightly to 2.5% in Europe in June, remains stuck above levels favored by central bank
FRANKFURT, Germany (AP) — Inflation falls slightly to 2.5% in Europe in June, remains stuck above levels favored by central bank.
FRANKFURT, Germany (AP) — Inflation falls slightly to 2.5% in Europe in June, remains stuck above levels favored by central bank.
Rishi Sunak left the D-Day celebrations early, got caught in the rain and came under fire for some Treasury forecasts of tax rises. The Labour Party droned on about “change” while endlessly repeating some imaginary numbers about “investing” in the NHS and creating “green jobs”. Meanwhile, the Lib Dems sailed through the past six weeks with fun days out at CenterParcs.
Labour could launch an inheritance tax raid on bereaved families, a leaked recording from a shadow frontbencher has suggested.
"As more immigrants seek the Canadian dream from abroad, many who arrived in recent years have discovered less of a dream and more of a nightmare."
Whoever wins the next general election will face extremely tough choices on taxation and spending.
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Money is rushing into Chinese government bonds, sending their prices soaring as investors hunt for a safer alternative to real estate and stocks. Beijing is worried about a bust that could bring down some banks.
The exit poll is pointing to a huge Labour majority and Sir Keir Starmer is readying himself to pick up the keys to Number 10.
Council tax bills would rise by an average of £1,230 for more than four million households in England if Labour were to redraw the method in which the levy is calculated.
It is not just when there is a major football tournament on – a time when, in fairness, it has long been acceptable to forget about the spreadsheets and PowerPoint presentations for a couple of hours. According to a survey out this week, a staggering 82pc of people who are meant to be “working” from home admit to watching television on their employer’s time.
When Giorgia Meloni took to the stage to deliver a landmark tax speech to Italian legislators earlier this year, she launched an impassioned defence of how the ultra-rich should be treated.
An imminent Nato summit, bursting prisons and another strike by junior doctors for starters mean whoever takes the keys to No 10 will have little to no time to celebrate
“Very few women end up starting these types of companies.”
BERLIN (Reuters) -Germany's budget committee approved the purchase of tanks, ammunition and air defence systems worth more than 6 billion euros ($6.48 billion) on Wednesday, sources told Reuters. Days after Russia's 2022 invasion of Ukraine, Chancellor Olaf Scholz surprised allies by announcing a "Zeitenwende" – German for a historic turning point - with a 100-billion-euro special fund to bring the military back up to speed. The arms purchases authorised on Wednesday include 105 Leopard 2 A8 tanks from arms maker KNDS for 2.93 billion euros, the sources said.
“It’s not just Taylor Swift, you know,” Christine Lagarde told the ECB Forum. “Others have come as well.”
The country's former prime minister called the tax breaks a "fiscal injustice" that drove up house prices.
Rishi Sunak set out his pitch to voters in the hopes of pulling off a surprise election comeback, only to be devastated by predictions of the worst ever Tory result in the exit poll.
BRUSSELS (Reuters) -The European Union will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels' largest trade case yet. There is however a four-month window during which the tariffs are provisional and intensive talks are expected to continue between the two sides as Beijing threatens wide-ranging retaliation. The European Commission's provisional duties of between 17.4% and 37.6% without backdating are designed to prevent what its president Ursula von der Leyen has said is a threatened flood of cheap EVs built with state subsidies.
The Labour Party’s blueprint for Britain promises tax increases of £8.3 billion and the recognition of a Palestinian state.
Federal Reserve officials at their most recent meeting welcomed signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling. Both trends, if they continued, will likely lead the Fed to cut its benchmark interest rate in the coming months from its 23-year peak of 5.3%. The minutes of the Fed’s June 11-12 meeting, released Wednesday, showed that the policymakers saw several factors that could further ease inflation in the coming months.
BRUSSELS/LONDON (Reuters) -EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation. Germany, whose carmakers made a third of their sales last year in China, wants to stop the tariffs, according to a government source, while France has been among the firmest backers. The issue will be put to members in an advisory vote in the coming weeks, the first official test of support in a landmark case for the Commission.