Hungarian dilemma: pragmatism on the minds of EU countries, experts say
The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network.
EU countries to create patchwork solution to energy crisis despite coordination attempts
The Capitals brings you the latest news from across Europe through on-the-ground reporting by EURACTIV’s media network.
UK pound sterling falls to 37-year low as recession looms 23.09.2022
The pound sterling dropped by 2% to as low as $1.1042 — the currency’s weakest since early 1985 — on Friday, as the UK government announced historic tax cuts and hefty increases in borrowing.
UK axes cap on bankers’ bonuses in boost to rich 23.09.2022
British Finance Minister Kwasi Kwarteng has axed a cap on bankers’ bonuses in an effort to boost London’s finance sector after Brexit.
Liz Truss’s growth ambitions have little credibility on trade
…bits of performative post-Brexit deregulation, such as lifting the cap on bank ers’ bonuses, and the usual bracing rhetoric about free trade, this is presumably…
The Lex Newsletter: banking is a reliable unreliable employer
…When he was governor of the Bank of England, forecasting genius Mark Carney claimed a bumpy Brexit could result in 75,000 job losses….
UK mourns Elizabeth II, Charles III pledges ‘lifelong service’ as king — as it happened 09.09.2022
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Truss shows signs of a more pragmatic approach to the EU
…Deregulating the City might, potentially, hold a Brexit dividend but the sluggish record on delivery thus far speaks to the fact that a global industry, like finance , wants first and foremost a stable and…
European industry eyes China as aluminium factories shut
The Capitals brings you the latest news from across Europe, through on-the-ground reporting by EURACTIV’s media network.
Investors exit European equity ETFs at fastest pace since Brexit
…75 basis point rate rise, rather than 50bp, at the bank’s coming meeting on September 8….