Spring Statement 2025 LIVE as Rachel Reeves to announce further DWP benefit cuts
Rachel Reeves is set to announce big changes to government spending, with further cuts to benefits expected.
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UK inflation slowed to 2.8% in February, fuelling hopes of a rate cut
UK inflation came in lower than expected in February, following a 10-month peak in January, raising morale before Chancellor Rachel Reeves’ Spring Statement, due later on Wednesday.
Chinese lithium must not become ‘the new Russian gas’, says EU industry chief
As it rushes to ramp up domestic production amid an intensifying global scramble for essential elements like lithium, cobalt, copper and rare earth metals, the European Commission has drawn up a list of mining and processing projects it wants to see up and running by the end of the decade.
Week ahead: Global business activity data to offer clues on economic trajectory
Last week, global stock markets came under pressure as major central banks expressed concerns over growth and inflation, driven by Trump’s tariffs. Investors will now turn their attention to manufacturing and services Purchasing Managers’ Indexes (PMIs) for insights into the economic trajectory. Additionally, the EU summit on Ukraine aid and the bloc’s role in peace negotiations will be a key event for European equities.
Lengthy trade wars could cut global investment by one-tenth, warn economists
Businesses across major economies including the EU are expected to cut back on investment plans due to increased uncertainty.
UK elite law firm fined over €500,000 for Russian sanctions breaches
Herbert Smith Freehills (HSF), a prestigious international law firm based in London, has been fined £465,000 (approximately €556,000) by the UK’s Office of Financial Sanctions Implementation (OFSI) for breaching sanctions against Russia.
Ukraine, defence and economy top the agenda as EU leaders meet in Brussels
The 27 leaders of the European Union are gathering in Brussels for a summit with a remarkably busy agenda led by Russia's war on Ukraine, the negotiations launched by Donald Trump and new multi-billion plans to rearm the bloc.
Barclays Europe CEO on what Trump's tariffs could do to the EU economy
“There is a foundation to believe in the attractiveness of Europe, especially on a relative basis,” Francesco Ceccato, Barclays Europe CEO, told Euronews' Business Editor, Angela Barnes, in an exclusive interview.