EU set to suspend Brexit tariffs on EVs for three years in major boost for car industry
Commission moves to delay 10% sales charge after intense lobbying by EU and UK carmakers The European Commission looks set to propose a three-year delay...
Category : Economics
Russia has tightened capital controls to help prop up rouble, report says
Western companies that sell their Russian assets restricted from taking proceeds in dollars and euros Russia has reportedly imposed additional currency controls in an attempt...
Taxation is not a ‘burden’. It’s Brexit that weighs Britain down | William Keegan
Taxes spent wisely improve lives and attract investors – and in fact leaving the EU has made cutting them harder than ever One of the...
Young Europeans more likely to quit driving and have fewer children to save planet
Exclusive: Poll shows young people willing to make big lifestyle changes but baulk at smaller gestures They are willing to have smaller families, stop using...
UK basic wage growth hits record high; Russia’s central bank lifts rates to 12% – business live
UK regular pay growth highest since 2001 while unemployment rate rises unexpectedly; rouble recovers afters Bank of Russia raises rates at extraordinary meeting The statement...
European economy expected to grow faster than forecast, says EU
Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1% Eurozone growth and inflation forecasts lifted – business live Europe’s economy...
Cyprus handed 800-page US dossier on Russia sanctions breaches
Report details how local people and firms helped Alisher Usmanov’s conceal immense wealth Cyprus has received an 800-page dossier from the US government detailing sanctions...
Eurozone inflation falls sharply as energy prices drop
Annual rate down to 6.9% this month, with signs of cost of living pressures easing The eurozone’s annual inflation rate fell sharply in March as...
UBS agrees to takeover of stricken Credit Suisse for $3.25bn
Swiss government forces through takeover at well below market value amid fears of global banking crisis Millions paid in bonuses to UK SVB staff days...
Credit Suisse shares continue to fall despite efforts to calm nerves
Lifelines handed to Swiss bank and US regional bank First Republic fail to ease investor concerns Silicon Valley Bank’s parent company files for bankruptcy Credit...
