A top Airbus executive warned today that a no-deal Brexit would be "catastrophic" for the industry, adding that the company has already spent tens of millions of euros preparing for such a scenario. more
Renewable energy sources will be the world's main source of power within two decades and are establishing a foothold in the global energy system faster than any fuel in history, according to BP.more
UK Defense Secretary Gavin Williamson has reportedly instigated a huge row at the heart of government after threatening to send a warship to the Pacific, prompting China to withdraw from trade talks with Chancellor Philip Hammond.more
By 2030, the European Union will lose 13.3 to 63 billion euros as a result of Brexit, which means a drop in EU GDP by 0.11 - 0.52 percent; the effects for Poland are a 0.4-0.5 percent reduction in GDP. - results from the report of DNB Bank Polska and the consulting company PwC presented today.more
Bank of England Governor Mark Carney said on Tuesday Britain should be under no illusions about the likely shock to its economy if it leaves the European Union next month without a transition deal to ease the shock.more
Since Poland's accession to the EU, our largest trading partner is Germany. The second market for goods from Poland is the Czech Republic and the third one is the United Kingdom.more
Poland is facing a slowdown in GDP growth, which is part of the global business cycle - said Finance Minister Teresa Czerwińska commenting on the data from the International Monetary Fund report. We are working on solutions supporting the stable development of our economy - she added.more
Whitehall-based civil servants should be forced to swap jobs with their regional counterparts in order to address London's poor national reputation, according to a thinktank.more
Nearly one in three British businesses are planning to relocate some of their operations abroad or have already shifted them to cope with a hard Brexit, according to a leading lobby group.more
Growth in Ireland's GDP could be 4.25 percentage points less than forecast by 2023 under a disorderly Brexit and swing state finances back into a modest deficit from this year, its finance department forecast on Tuesday.more
Even if Brexit happens, it will be profitable for us to trade with the UK; is a market with over 66 million consumers who have already got used to Polish products - says the director of the Polish Institute of Economics, Piotr Arak.more
Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk. The bank blamed the closures on "changes in how customers are choosing to carry out their banking".more
In the Brexit case, France is preparing for the worst - said Economy and Finance Minister Bruno Le Maire. He stressed that the British government should find a way out of the current impasse and rule out further concessions from the EU.more
Sony will move its European headquarters from the UK to the Netherlands to avoid disruptions caused by Brexit. The company said the move would help it avoid customs issues tied to Britain's exit from the EU.more
Airbus chief Tom Enders on Thursday warned the European aerospace giant could make "very harmful decisions" for Britain if it leaves the European Union without a deal, the latest multinational to issue a stark alert.more
Sir James Dyson, the British billionaire inventor and outspoken Brexiter who called on the government to walk away from the EU without a deal, is moving the headquarters of his vacuum cleaner and hair dryer technology company to Singapore.more
Businesses here must now urgently implement no-deal contingency measures following tonight's defeat of the Brexit deal in the British House of Commons, according to the Irish Exporters Association.more
The impact of the Brexit vote saw the value of UK companies plummet, according to new figures. The findings, published in the Journal of Banking and Finance, showed that companies with a UK focus were most affected.more
f you're one of the millions of taxpayers still to file their online self-assessment tax return, you've less than a month until the deadline. Act NOW to avoid a £100 fine - especially if you're filing for the first time, as it could take up to 10 working days to receive an activation code.more
The Norwegian Petroleum Directorate's forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.more
At least a quarter (24%) of Brits will have an account with a digital-only bank within the next five years, according to new research from personal finance comparison website finder.com.more
