Gospodarka

The OECD organization announced that the British economy "will grow slower than expected this year." Moreover, experts estimate that the country will stagnate next year.more

Over the next few years, the world economy will probably struggle with stagflation, i.e. weak economic growth and high inflation - the World Bank assessed in its new forecast. The institution has cut the global economic growth forecast for the current year from 4.1 to 2.9 percent. The bank estimates that Polish GDP will increase by 3.9 percent.more

The price of petrol saw its biggest daily jump in 17 years on Tuesday with a rise of more than 2p a litre. more

The price of gasoline in the Netherlands has risen to an all-time high, reports United Consumers. The suggested retail price for a liter of unleaded gas was yesterday € 2,504. This is not the end, it will be more expensive - experts cited by the daily "Algemeen Dagblad" predict.more

It is necessary to immediately conduct an investigation into very serious reports that Russia is stealing Ukrainian grain, informed the British Minister of Agriculture Victoria Prentis.more

Built in the middle of the forest, equipped with solar panels, a water recycling system, large windows and a central courtyard, the Vestre furniture factory draws the attention of the media from all over the world. The new production plant is to be the first facility of this type to obtain the highest BREEAM environmental rating - "outstanding".more

British fish and chip shops will ask Norway for support this week as they continue to face costly energy bills and food prices. more

Drivers are being warned that “frightening” petrol prices will exceed an average of 180p per litre this week.more

People hoping to find a property to rent are going to ever greater lengths to secure a home.more

The influx of war refugees from Ukraine results in a higher demand for housing. Despite the decline in Poles' creditworthiness and increases in the prices of building materials, we will observe further price increases - assessed Jakub Rybacki, economist of the Polish Economic Institute (PIE).more

UK regulators have approved Shell's plan to extract natural gas from a new field in the North Sea, Business and Energy Minister Kwasi Kwarteng announced yesterday. The plan was originally - last October - rejected on environmental grounds.more

A Primark executive has told the BBC he "regrets" raising prices, as the fashion firm battles with rising costs.more

Sadiq Khan will on Monday night warn of the dangers of “anti-London populism” and highlight the Elizabeth line as a great example of how investing in the capital helps other parts of the UK.more

EU leaders agreed Monday night to Tuesday that the sixth package of sanctions against Russia would cover oil and petroleum products supplied from Russia to member states, with a temporary exception for oil delivered by pipeline.more

A major cost of living package aimed at reducing costs for hard-pressed families is being developed by several government departments.more

The bank holiday to celebrate Queen Elizabeth II’s 70 years on the throne may tip the UK economy into contraction but growth into subsequent months will save it from a recession.more

Inflation continued to rise in Germany in May. Consumer prices were 7.9 percent higher than in the same month last year, according to preliminary data from the Federal Statistical Office released today. In April, the figure was 7.4 percent.more

Over the past year in Great Britain, the price of the cheapest pasta has increased by 50%. Other cheap groceries also saw double-digit increases, Bloomberg reported, citing the latest data from the British statistical office.more

The impact of the housing crisis in Ireland is having a major impact on the country's overall poverty rate, with 371,000 extra people living in poverty because of housing costs. more

Up to six million households in the UK may have limited electricity supplies this winter as a result of the Russian attack on Ukraine - the government's worst-case scenario is being reported today by The Times.more

Russia is ready to use global food security for its own political ends, and the offer to create a corridor for food ships in exchange for the lifting of the sanctions indicates that they are severe, the British Ministry of Defense said today.more

The BBC has promised “bigger investment in programming from the nations” and less from London as part of a cost-cutting shift away from broadcast and to on-demand digital audiences.more

Customers are buying fewer items and turning to cheaper products after witnessing a plunge in their household incomes, the chair of Asda has warned. more

Every household in the UK is to get an energy bill discount of £400 this October as part of a package of new measures to tackle soaring prices. The poorest households will also get a payment of £650 to help with the cost of living, Chancellor Rishi Sunak said.more

Marks & Spencer says it is moving away from town centres, as it saw online sales for clothes and homeware jump. more