U.K. has ‘far more millionaires than it deserves’ as 500,000 to flee to Italy and Spain
Hundreds of thousands of the U.K.’s millionaires will flee the country in the next few years, signing off with a...
archiveEuropean economy
UK’s Barclays to sell German consumer finance business to Austrian bank | World News
The sale of the Hamburg-based Barclays unit to BAWAG will give the Austrian bank the ability to expand its loan...
Taylor Swift economy not real? Experts weigh in on ‘Swiftonomics’ amid Europe Eras Tour
Taylor Swift is gradually traversing the European continent and seemingly boosting one country’s economy after another. Although the magic of...
Jittery times in June make euro and yen the weakest currencies
In the group of G-10 currencies, the euro and the Japanese yen saw the sharpest decline against the US dollar....
Top investor dubs U.K. a ‘banana economy’ over ‘build absolutely nothing’ mantra
The U.K. economy has endured a lot of name-calling in the last decade, weighed down by jibes over Brexit, slow...
Election aftermath – MEPs to watch on economic and financial policy
The European Parliament is establishing new political groups and leadership, with the first constituent plenary session on 16-19 July -...
Eurozone economy growth thanks to increased household spending
In the first quarter of 2024, the eurozone economy grew by 0.3% compared with the previous quarter, according to the...
From one currency to one charger: How EU transformed consumer life
As Europeans prepare to vote in the EU-wide parliament elections on June 9, here's a look at how the bloc...
U.K. millennials will probably never see same income boom as elders, study shows
Whether you’re Gen Z, a baby boomer, or somewhere in between, if you’re an adult living in the U.K., you’ve...
Why might the euro continue to weaken against the US dollar?
The euro has shown a weakening trend against the US dollar since the start of the year. The decline can...
