The £650 is being split up into two payments, with the first £325 cash sum arriving for most eligible households from July. It means households only have to wait a few more weeks for the cashmore
The OECD organization announced that the British economy "will grow slower than expected this year." Moreover, experts estimate that the country will stagnate next year.more
Over the next few years, the world economy will probably struggle with stagflation, i.e. weak economic growth and high inflation - the World Bank assessed in its new forecast. The institution has cut the global economic growth forecast for the current year from 4.1 to 2.9 percent. The bank estimates that Polish GDP will increase by 3.9 percent.more
More than two in five recent buy now, pay later (BNPL) shoppers relied on credit cards or other forms of borrowing to pay off what they owed, the charity Citizens Advice has said.
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The Polish government decided to raise the minimum wage for Poles twice next year - the first time in January and the second time in July. The proposal assumes that from January the salary will be PLN 3 383 gross, and from July - PLN 3,450 gross.more
93 percent of Italians say they have already started or intend to take steps to save energy. Most Italians are willing to make sacrifices, but not to turn off air conditioners in summer and heating in winter.more
Overnight on the Baltic Sea is sometimes more expensive than on the Adriatic. This is the result of a shorter tourist season and a small number of beds - explained Paula Kukołowicz from the Polish Economic Institute.more
LeBron James–18-time NBA all-star, 4-time NBA champion, 2-time Olympic gold medalist–has hit yet another milestone, this time doing something no other NBA player has ever done.more
State Secretary for Health Maarten van Ooijen has proposed that the price of cigarettes should gradually rise to EUR 47 per packet in 2040, reports the daily De Telegraaf, which now costs EUR 8.more
Every third person identifies a home renovation as the biggest financial challenge this spring, and every fifth person says that it is necessary to put it aside for holidays - according to the Santander Consumer Bank report "Poles Own Portfolio: Spring 2022 Challenges".more
At yesterday's meeting, the Bulgarian government adopted the national plan to introduce the euro from January 1, 2024. The Council of the European Union must decide on Bulgaria's admission to the euro area. For now, the country does not meet all the conditions for countries applying for the adoption of the common currency.more
Customers are buying fewer items and turning to cheaper products after witnessing a plunge in their household incomes, the chair of Asda has warned.
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Strong growth in retail sales related to purchases, incl. clothes or cosmetics are the result of migration from Ukraine. The construction industry is waiting for a clear slowdown - reported the Polish Economic Institute.more
The British government does not rule out imposing a windfall tax on oil and gas companies to help fight the rising cost of living, Deputy Finance Minister Simon Clarke said today.more
According to the data of over 40 district courts in Poland, in the first quarter of this year. they received a total of almost 16 thousand. new franc affairs. This is as much as 21 percent. more than exactly the year before.more
The prize pool of the Grand Slam French Open tennis tournament at Roland Garros clay courts, which begins tomorrow, is € 43.6 million. The winners of the singles competition will earn 2.2 million in Paris each.more