Gospodarka

Poles expect to spend an average of PLN 538 for this year's Easter. The most numerous group declares expenses from PLN 401 to PLN 500 - according to research for the BIG InfoMonitor Debtors Register.more

Sales in shops have slowed as household budgets come under pressure from the rising cost of living, the British Retail Consortium (BRC) has said. more

Further food price rises are feared by 76% of consumers. The main criterion for choosing food products for 41 percent of Poles is low price, according to a report by research company GfK. It added that inflation and the outbreak of war in Ukraine have changed Poles' shopping habits.more

Fees for disposing of DIY waste at council recycling centres in England could be banned under government plans, in an attempt to tackle fly-tipping. more

A 3.1% rise in the state pension and various benefits has now taken effect but charities have warned it fails to tackle cost of living pressures.more

Homebuyers wanting to take out a mortgage could soon struggle to get the size of loan they need, as banks begin taking into account the cost of living crisis when calculating how much they can lend.more

The Russian invasion of Ukraine and the related energy crisis led to massive bankruptcies in the Spanish agricultural sector. Only in March this year. over 7.5 thousand people went bankrupt there companies in this industry, incl. food producers.more

The turbulence caused in the Polish economy by the war with Ukraine emphasized the costs of using one's own currency. We would probably be safer in the euro zone - Rzeczpospolita reports today, citing the results of the expert panel.more

Russia is heading for its deepest recession since the aftermath of the collapse of the Soviet Union, the UK government predicted on Friday, as Moscow’s central bank unexpectedly cut its key interest rate to support its shrinking economy.more

The Co-op Group has warned of continuing problems with food supplies and inflation after revealing that profits more than halved last year amid supply chain disruption and higher staff wages.more

The average London household now spends £23,380 per year on rent, by far the highest rate in the UK, plus almost £3,000 per year on bills. more

Up to eight more nuclear reactors could be approved on existing sites as part of the UK's new energy strategy. The strategy, which aims to boost UK energy independence and tackle rising prices, also includes plans to increase wind, hydrogen and solar production.more

The United Kingdom imposed another package of sanctions on Russia yesterday, including the freezing of the assets of two more banks and eight oligarchs, a ban on investment in the country, and the cessation of coal and oil imports by the end of this year.more

Food products for Easter in Poland will be more than 20 percent more expensive this year. than in 2021 - BNP Paribas Bank analysts calculated. The average "święconka" will be 12 percent. more expensive compared to last year's holidays, they said.more

The White House announced new sanctions against Russia, including full blocking restrictions against Russia's largest bank, Sberbank, the private Alfa Bank, and a ban on new investments in Russia. The list of sanctions will also include, inter alia, adult daughters of Vladimir Putin.more

The pain of the rise in national insurance will be felt by people on their next payday, as they try to juggle surging living costs on a shrunken wage packet, experts have warned.more

Chronic labour shortages in the food and farming sector could lead to price rises and the UK becoming more dependent on food imports, MPs warn.more

The UK government yesterday commissioned an expert report on shale gas extraction, explaining that with soaring oil and gas prices exacerbated by Russia's invasion of Ukraine, all energy supply options should be considered.more

The cost of sending children to nurseries has jumped by £1,500 in just five years, according to analysis by Labour. With 1.3 million people being pushed into poverty next year, multi-millionaire chancellor Rishi Sunak is coming under intense pressure to help hard-up families.more

The increased price of a first class stamp, by 10p to 95p, has come into effect today. Second class stamps have increased by 2p to 68p.more

The authorization by the Russian authorities of counterfeiting Western goods is supposed to be a retaliation for the sanctions imposed on Russia in connection with the aggression against Ukraine. more

Growth forecasts for this year are on average 3.5 percent. against 4.4 percent predicted three months ago. Average inflation estimates this year were raised from less than 8 percent. to approx. 10.5 percent - results from a survey of "Dziennik Gazeta Prawna" among economists from 15 Polish institutions.more

Up to seven nuclear power stations could be built in the UK by 2050 as part of energy independence after the Russian assault on Ukraine, business and energy minister Kwasi Kwarteng admitted in an interview with the Sunday Telegraph.more

Inflation in the Netherlands was 11.9% in March. - informed the Dutch Statistical Office (CBS). The increase in the price and services index is the highest since 1975. In February, inflation was still 7.3% in the Netherlands.more

Gazprom is withdrawing from German business in connection with a dispute over payments in rubles. The company announced that it had terminated its stake in Gazprom Germania GMBH and all its assets, including Gazprom Marketing & Trading Ltd.more