Gospodarka

The UK is poorer than it would have been, partly due to the war in Ukraine, but also the pandemic, Levelling Up Secretary Michael Gove has admitted. more

Brexit has cost the UK economy the same amount as Covid and the war in Ukraine, the head of the government economic watchdog has said.more

Some environmental groups oppose the extermination of rats in urban spaces, which have proliferated in the wake of a strike by municipal workers in Paris against pension reform and the backlog of tons of garbage on the capital's streets, the daily Le Figaro reported.more

Energy giant Ovo has launched its first deal for customers cheaper than the government's cap on household bills. The firm will offer a fixed 12-month tariff of £2,275 for existing customers, at a time when the government is limiting typical household bills to £2,500.more

The forced takeover of Credit Suisse bank has helped avert a global banking crisis, but it has struck a blow to Swiss pride, Belgian business daily De Tijd wrote yesterday. "Switzerland is no longer a safe island," the newspaper assessed.more

More than a third of consumers say they are struggling financially as the cost-of-living crisis shows no signs of easing. more

After more than a decade of low interest rates, mortgage borrowers are facing hefty increases in repayments this year. Rising interest rates mean homeowners are now facing increases to monthly bills that are adding hundreds, if not thousands, of pounds. However, there are ways to bring your mortgage payments down.more

The average council tax bill is set to top £2,000 for the first time next month as local authorities buckle under growing financial pressures. Government figures released on Thursday show the average bill for band D properties will be £2,065 in 2023-24 – up by £99. more

The cutbacks came as spending on several essential outgoings rocketed, with the value of spending on utility bills rising by around a third (34%) compared to the same time last year.more

Information about the problems of banks in the United States made customers lose confidence in the Swiss Credit Suisse. However, the risk of a crisis of the banking system in Europe is unlikely, according to the analysts of the Polish Economic Institute.more

Councils across the UK are giving out £500 of free food vouchers to people who apply. There are over £420m worth of vouchers which have been funded through the Household Support Fund, however, it's worth applying now if you hope to get the support.more

Annual house price growth has slowed but rental prices have increased at their fastest rate since records started in 2016, according to official figures.more

The Bank of England raised the main interest rate by 25 bps to 4.25 percent. - informed the bank in a communiqué after the meeting. The decision was in line with the expectations of analysts polled by Bloomberg. interest rates in the UK are the highest since 2008.more

Planned rail strikes in March and April have been called off. RMT union members, including train guards, who work at 14 train companies were set to walk out on 30 March and 1 April.more

The cost of living rose more than expected last month as salad and vegetable shortages helped push up food prices at the fastest rate in 45 years. more

The state of the world's resources and access to water, as well as how to deal with emergencies, analyzes the latest UNESCO report released today. World Water Day marks March 22.more

Poles in the country buy less and will continue to buy less, assessed Mariusz Zielonka, an economic expert of the Confederation Lewiatan, commenting on the Central Statistical Office data on retail sales. This year's macro data slowly confirm the negative GDP growth in the first quarter of 2023, he added.more

Spring is officially here, but we’re waiting for warmer weather and with some cost of living payments due to stop, paying the bills is still going to be a struggle for many.more

The government has announced almost £60 million in cultural funding for regions outside London.more

Broadband firms have been urged to cancel “exorbitant” mid-contract price rises for vulnerable customers less than two weeks before they are due to take effect. Millions of broadband and mobile phone customers can expect to face monthly bill increases of at least 14% from April.more

Demand for labor in Poland is rather low, and this will weigh on employment in the coming months, Santander Bank Polska economists estimate, commenting on today's CSO data. In real terms, wage growth will remain negative until the third quarter of this year. - they added.more

Private firms are making increased profits as the government pays millions of pounds a day to put up asylum seekers in the UK, the BBC has learned.more

Half of the gas stations in the Rhône Delta department (in the southeastern part of the country) were hit by fuel shortages today, AFP reported.more

The UK government's plans to introduce consistent waste collection policies across England could prove chaotic and unworkable, councils have warned. The details of major government reforms to waste collection in England are expected to be confirmed soon.more

Fifteen years of wage stagnation has left British workers £11,000 worse off per year, according to research shared exclusively with BBC Panorama.more