The British government is carrying out exercises to deal with power cuts of up to seven days that may arise as a result of an energy crisis, the Guardian reported.more
We are heading towards a recession, we expect negative economic growth in Sweden next year, announced Swedish Finance Minister Elisabeth Svantesson.more
Many customers with prepayment meters have not yet redeemed vouchers to help with energy bills, the BBC has learned.
From 1 October, households should have begun to receive the first £400 instalment of the government's Energy Bill Support Scheme.more
In the first half of 2022, the most expensive electricity prices were in Denmark, Belgium, Germany and Italy. The lowest prices were in the Netherlands, Hungary, Bulgaria and Malta, according to Eurostat data.more
Marks & Spencer is to begin hiring out capsule wardrobes of 10 different outfits for up to a month, promising a more environmentally friendly and economical way for shoppers to regularly change their look.more
From January 1 next year, the United Kingdom will completely stop importing Russian liquefied natural gas (LNG), recalled the British Foreign Ministry on Friday.more
"There are tougher years ahead of us, harsh years." - announced German President Frank-Walter Steinmeier in an address to the nation at Berlin's Bellevue Palace.more
New British Prime Minister Rishi Sunak has restored a moratorium on hydraulic fracturing to extract shale gas that was lifted by his predecessor Liz Truss, his office confirmed yesterday.more
According to an analysis of prices from nearly 19,000 stores, candles became more expensive on average by more than 19% year-on-year. The strongest increase was in supermarkets and hypermarkets - by more than 38% and 33%, respectively. Of the five formats surveyed, reductions were recorded only in cash&carry - by nearly 5%.more
British Finance Minister Jeremy Hunt today announced the postponement of the fiscal plan scheduled for next Monday - and eagerly awaited by financial markets - to November 17. As he explained, this will help make "tough decisions that will stand the test of time."more
University lecturers, librarians and admin staff across the UK will strike over pay and pensions, the University and College Union (UCU) has announced.more
Wealthy Chinese are activating plans to leave the country with their money because they are pessimistic about the future of the world's second economy under Xi Jinping, who has just renewed his power, the Financial Times reported.more
The new UK Prime Minister, Rishi Sunak, announced today that he has been elected to the post to rectify the mistakes that have been made recently. However, he warned that this would entail making difficult decisions.more
The UK faces a "more difficult" era of austerity than the one after the 2008 financial crisis in order to stabilise the economy, a former governor of the Bank of England has warned.
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More reports are coming from Poland about mass emigration of Poles to the West. This time, the phenomenon is reported by the OLX portal, which - based on its own data - noticed a significant increase in this phenomenon.more
"More and more signs are pointing to China's growing self-isolation and the replacement of the outside world there with a virtual 'reality,'" assessed Professor Rana Mitter of Oxford University in the pages of the British daily Guardian, commenting on Xi Jinping's re-election as General Secretary of the Chinese Communist Party.more
This year's Christmas parcel peak will be different from all the ones so far - instead of a boom, we are facing a brake. Courier companies are raising service prices and introducing additional fees, the "Rzeczpospolita" reports today.more
Most Poles will blame the government for the lack of money from the European Union, according to a poll commissioned by "Rzeczpospolita," published Saturday on the newspaper's website.more
