Fiat Chrysler Automobiles NV is considering shifting manufacturing of its Panda city car to low-wage Poland to create production space for more upscale models in Italy, according to people familiar with the matter, as earnings pressure on European automakers mounts amid stalling growth.more
Philip Hammond set out a brighter outlook for the economy in the short term, and used his spring budget to introduce a controversial tax rise for the self-employed and inject £2bn into social care over three years.more
The number of 35 to 44-year-olds living in private rented accommodation has passed a million for the first time in decades and is expanding at a faster rate than younger age groups.more
The number of people on controversial zero hours contracts has reached a record high of 910,000. New figures based on an analysis of Office for National Statistics data reveal that 105,000 more people were on contracts that do not guarantee work in 2016 compared with the same period in 2015.more
London is no longer the most expensive city in the world in which to live and work, a study has found. The capital has previously topped lists for cost of living, but is now ranked third behind New York and Hong Kong, according to estate agents Savills. more
The consumer group estimates that around 2.4 million households are working, but their financial circumstances are poor. Nearly two-fifths (38 per cent) of working and struggling households thought their financial situation would get worse in the next year.more
Perth, Paisley, Stoke, Sunderland, Coventry and Hereford had already put themselves up for the accolade when they declared their interest last year. Five more are now added: Warrington, Portsmouth, Wells, Swansea and the smallest city in Britain, St Davids.more
The average London home has been going up in value by £105 a day for five years. New research shows that despite recession blues and political and economic uncertainty, property values have comfortably outpaced growth in London salaries, which since 2011 have risen by just 54p a day - pushing the gulf between average incomes and average property prices to its widest ever point.more
UK workers saw their wages fall by an average of 1 per cent a year in the period following the financial crisis, putting the country almost at the very bottom of a national ranking of wage growth compiled by the Trades Union Congress.more
Businesses will not be forced to publish details of the pay gap between employees of different ethnicities, after ministers rejected the recommendation of an independent review.more
Poland is the sixth producer and the fourth exporter of furniture in the world - said the director of the Office of the National Chamber of Commerce of Furniture Manufacturers Michal Strzelecki. According to estimates, the value of furniture production in Poland in 2016 reached 42.45 billion PLN.more
"Changing the currency of foreign currency loans, it is a goal we want to strive for, but we were forced to change tactics" - said today the chairman of the parliamentary finance committee Jacek Sasin.more
Egypt expressed frustration on Saturday at UK's refusal to lift a suspension of flights from the UK to the Red Sea resort of Sharm al-Sheikh, imposed after ISIS brought down a Russian airliner in 2015.more
As part of a diplomatic charm offensive across eastern Europe, David Davis declared that the UK would keep its doors open for low-skilled workers in hospitality, agriculture and social care. His comments could imply that Britons would be reluctant or unable to fill the manual jobs vacated by the EU citizens straight away.more
Ryanair boss Michael O'Leary has warned there is a remote chance of all flights between the UK and Europe being suspended in March 2019 if the UK Government opts for a "cliff-edge" Brexit.more
EU lawmakers backed the Comprehensive Economic and Trade Agreement (Ceta) by 408-254 votes despite crowds of protesters contesting the deal outside.more
The bosses of General Motors and Peugeot maker PSA were racing on Wednesday to contain anger in Germany over their plans for PSA to buy GM's European business Opel.more