British finance minister Rishi Sunak told the Bank of England on Monday to look at the case for a new “Britcoin”, or central bank-backed digital currency, aimed at tackling some of the challenges posed by cryptocurrencies such as bitcoin.more
Demand for mortgage loans has been growing for several months. In the previous month, banks lent Poles almost PLN 7.3 billion to buy their own apartment - the Polish daily "Dziennik Gazeta Prawna" reports.more
From May the economy of the eurozone will accelerate - predicts the investment bank Goldman Sachs. According to the bank's latest forecast, GDP growth for the eurozone will exceed 5%, and the real GDP level will exceed that from before the pandemic at the end of the year.more
Londoners were today urged to spend the huge savings built up during a year of pandemic lockdowns and restrictions to help rescue battered local businesses.more
In 2020, the authorities collected more than EUR 7.5 million from fines collected for breaking the laws obliging Spaniards to forced social isolation in their homes.more
A host of changes that affect your finances take effect in April, which mean that some planning may be needed especially when finances are stretched by the Covid crisis.
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The president began selling his proposal on Wednesday, saying it would fix 20,000 miles of roads and 10,000 bridges, while also addressing climate change and racial inequities and raising corporate taxes.more
The problem of financial fraud is gaining momentum. The survey shows that every fifth Pole is willing to entrust money to an unknown company, if it promises him high profits - informs the Financial Market Development Foundation (FRRF).more
Britain’s economic prospects are improving as a result of the successful vaccine programme and could perform more strongly than expected over the coming months, the governor of the Bank of England has said.more
High demand amid the pandemic for items such as hand sanitiser and loungewear mean they are now being used to calculate the cost of living in the UK.more
The Netherlands ranks fourth in the global ranking of countries and territories for tax avoidance, according to a report by Tax Justice Netherlands. The organization asked political parties to stop this practice.more
From January 2021, most banks can only apply for a loan with a 10% own contribution. The creditworthiness of Poles is record-breaking, informs HRE Investments. more
Retail giant John Lewis has warned of further "painful" store closures as it posted huge losses due to Covid-related lockdowns that forced shops to shut.more
London boroughs are hiking up their council tax rates to deal with the cost of the pandemic, with one passing the £2,000-a-year threshold for the first time.more
The place where we take the dog for a walk decides where we have a tax residence, say practitioners. This is of great importance for Poles working in the UK - reports Prawo.pl.more
Formula One’s revenues took an $877 million (€727 million) hit last year, falling 43 per cent as a result of the Covid-19 pandemic, owners Liberty Media reported on Friday.more
Accorording to the study condacted in Germany, France, Italy, Spain, Austria and the United States, the pandemic lockdown has changed saving behavior.more
Amsterdam overtook London in January as the largest stock trading center in Europe, the Financial Times reported, quoted by Dutch media. The British daily estimates that Amsterdam is one of the first beneficiaries of Brexit.more
