1 hour ago DANIEL HANNAN: It doesn't matter how you vote. Britain has now elevated Net Zero over democracy

No sooner had the Chancellor declared that economic growth was 'the number one mission of this government', than a Scottish judge made a mockery of it.

Politics

14 hours ago TUI boss issues Majorca warning and says holidaymakers will head elsewhere this summer

The TUI CEO said that Balearic Islands were becoming too expensive for families

Events

15 hours ago Europe's economy showed zero growth at end of 2024 as eurozone's biggest economy Germany struggled

Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output

Politics

12 hours ago European Central Bank cuts interest rates to support growth as eurozone economy stagnates

Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support growthIt was a flash reading on the Eurozone economy, so we don’t have the details on what the drivers were. But it’s clear that it was a weak end to 2024.But the European Central Bank might be able to spur a bit of economic growth in the eurozone with looser monetary policy.This marks a weak end to last year, following positive growth in the first three quarters of 2024. As a result, first estimates suggest that the currency bloc as a whole grew by 0.7% in 2024. Declining activity in Germany – the Eurozone’s largest economy – has weighed on the bloc’s growth, with German GDP contracting by 0.2% on the quarter. This suggests Germany has now seen annual declines in activity for two consecutive years.In 2025, further loosening of monetary conditions is expected to provide a modest uptick in activity for both Germany and the Eurozone, with growth expecte...

Economics

16 hours ago Lord Sugar says Britain should 'get down on bended knee' and beg to be allowed back into the EU on eve of fifth anniversary of Brexit

On the eve of the fifth anniversary of leaving the bloc, business mogul and Apprentice star Lord Sugar blamed the decision for crushing economic growth.

Politics

16 hours ago Royal Mail to cut deliveries under regulator proposals; Shell hikes investor payouts – business live

Live coverage of business, economics and financial news as UK postal service set to deliver on alternate weekdays and drop SaturdaysGermany’s Dax stock market index is also in on the party with a new record high, while Spain’s Ibex benchmark is at its highest since 2008, before the Eurozone crisis crunched its economy for a decade.Spain’s stock market has risen strongly in the last couple of years, as the country has become the surprise leader of the European economy – with a growth rate far outstripping the EU’s largest economy, Germany.Posts record funds under management of £190.21bn at 2024-end, above analysts’ views of £187.4bn, according to company-compiled consensus. Continue reading...

Economics