Gospodarka

Wages have grown at the fastest rate in more than 20 years, but are still failing to keep up with rising prices. Average pay, including and excluding bonuses, rose by 6.4% between September and November compared to the same time last year, official figures show.more

Even by 6-8 percent, and only during the quarter, the prices of large premises in Poland fell. Poles are moving to the rental market. The government, in turn, threatens to speed up work on taxation of wholesale purchases of premises - we can read in today's "Rzeczpospolita".more

Money borrowed to pay for Christmas could take years to repay, according to debt advice charity StepChange.more

Heavily rising prices are a pain not only for Poles. They worry around 90 per cent of our continent's inhabitants, according to an IBRiS survey published today in Rzeczpospolita.more

The boss of Norwegian energy giant Equinor has said he does not expect gas and electricity bills to return to the levels they were before Covid.more

The number of vacancies fell in December in all provinces and job advertisement categories, according to the Job Vacancy Barometer. According to analysts, occupations heavily dependent on the state of the economy, such as the construction, real estate and retail sectors, among others, are at risk of further declines.more

House prices have fallen at their fast rate in more than a decade in Denmark, one of the most expensive property markets in Europe – and analysts fear the UK could be next. In the third quarter of 2022 in Denmark house prices fell by 3.8%.more

Strikes by railway workers and the British health service or significant tax increases in the UK could never have happened if it wasn't for Brexit - the analysts of the London-based think tank Center for European Reform calculated, according to which if the UK remained in the EU structures, its GDP in June 2022 would be higher by 5.5% or £33bn.more

The UK economy grew in November, not the contraction analysts had expected, meaning the country is unlikely to be in recession yet, the ONS said on Friday.more

Virgin Orbit has said it will make another attempt to launch a rocket into space from Cornwall Spaceport, and has provided preliminary findings on the reasons for the failure of the first mission, which took place on Monday.more

The Government said it will introduce new passport fees for all applications on February 2, which will affect those newly applying or renewing their passport. more

The UK budget loses billions of pounds every year through uncollected taxes and the current tax backlog - £42 billion - is just under the amount expected to be raised by the austerity package announced in the autumn, MPs on the public accounts committee pointed out yesterday.more

A budget airline is ending all flights in and out of Cardiff Airport. Wizz Air suspended its winter flights in August, over running costs and has now cited the economic climate as the reason for this decision. The Welsh government, which owns the airport, described the move as "surprising".more

The CSO data shows that the proportion of income saved has increased significantly. Could this be the effect of interest rate rises? - reports "Puls Biznesu" today.more

Last year's increase in the prices of goods and services in the Netherlands, according to the European harmonised index of consumer prices (HICP), was the highest since 1975, reports the Netherlands Bureau of Statistics (CBS). Inflation stood at 2022. 11.6 per cent.more

A solution to the labour dispute disrupting the UK's rail services is no closer, according to union leaders. Mick Whelan, leader of train drivers' union Aslef, said: "We're further away than we started." He was giving evidence to MPs on parliament's transport select committee, alongside leaders of the other unions representing rail workers.more

The Polish economy was resilient to numerous global shocks and rebounded faster than expected after the 2020 recession. Nevertheless, the Polish economy will slow down sharply to less than one percent in 2023, economists from the World Bank said.more

France spends 14.8% of its GDP on pensions. GDP, more than the vast majority of its neighbours, and the retirement age (62) is one of the lowest in the European Union. The French end their professional activity on average at the age of 62.3, according to new data from the European Commission.more

Tenants in properties owned by private landlords have faced the highest rise in rent since comparable records began seven years ago, official data shows. Rents rose 4% last year as landlords, who face their own squeeze from higher mortgage rates, passed on those costs.more

In Q1 2012. 24 per cent of Polish employers plan to hire new employees, 25 per cent declare the need for redundancies and 48 per cent forecast that employment will remain unchanged, according to the ManpowerGroup Employment Outlook Survey.more

The UK government yesterday unveiled new rules, significantly reduced from the current ones, to support businesses in the wake of high energy prices. As a result, the cost of this support to the budget will be reduced by around 70 per cent.more

England faces another drought this summer unless the country receives above average rainfall in coming months, according to the latest assessment by the country’s environmental watchdog.more

Families in the UK are only halfway through the cost of living crisis and people are set to become further worse off, research suggests. more

Rishi Sunak has refused to accept that the NHS is in crisis, despite acknowledging the “enormous pressure” the health service is under this winter. The prime minister also refused to say whether he uses a private GP, insisting the issue is a “distraction from the things that really matter”.more

Lidl says a rise of almost 25% in UK sales during the key festive season reflected a surge in new shoppers switching from rivals because of the cost of living crisis.more