Gospodarka

One of Oxford University's colleges, Linacre College, said it would change its name after receiving a record donation from Vietnamese richest Nguyen Thi Phuong Thao. This sparked controversy in both the United Kingdom and Vietnam.more

The main company in the Ikea flat-pack furniture retail empire warned that profits would fall for two successive years after the group said it would be forced to raise prices due to the supply chain crisis and higher raw material costs.more

Sainsbury’s has revealed a jump in half-year profits despite falling recent sales after its Argos business was knocked by supply chain challenges and easing demand following the lifting of pandemic restrictions.more

Due to global problems with broken supply chains, stores in Poland struggle with shortages of goods and delays in supply. This is a challenge for the sales peak that is just about to start - points out in today's issue of "Rzeczpospolita".more

Tenant demand appears to have returned to the capital’s rental market as the pandemic freeze continues to thaw, new data has shown.more

The Bank of England (BoE) has decided to keep its main interest rate at a record low of 0.1%, despite forecasts that inflation, which is already high, could reach as much as 5% in the coming months.more

British financial institutions and listed companies will have to publish plans to achieve net-zero greenhouse gas emissions from 2023, announced British Finance Minister Rishi Sunak during the UN climate conference COP26.more

Three quarters of Poles limit their spending in response to rising prices. For companies this means a great challenge, because the focus of shoppers' attention is even more than usual on promotions - writes "Rzeczpospolita" today.more

The end of Britain's furlough programme has not led to a surge in new job-seekers, according to data that suggests unemployment is unlikely to rise sharply and could bolster the case for a Bank of England interest rate hike.more

Households will remain worse off than they were before the pandemic until 2023, the UK's independent forecaster has warned. more

The airline still recorded a loss but it was far better than a year ago; however the future remains uncertain due to high fuel costs and Covid.more

While the participants of the UN climate change conference COP26, which begins today, broadly agree that climate change is happening, it is related to human activity and must be stopped, there are already divergences as to how to do it.more

Toys R Us is plotting a remarkable return to Britain’s high streets after the Covid pandemic sparked a revival of the market.more

Resolution Foundation says real wages will fall next year as UK is "in weakest decade for pay growth since 1930s".more

The impact of Brexit on the UK economy will be worse in the long run compared to the coronavirus pandemic, the chairman of the Office for Budget Responsibility has said. more

Britain can breathe a massive sigh of relief as those £6 beers we’ve had to get used to have become fractionally cheaper thanks to Rishi Sunak. more

The cost of cigarettes has risen across all retailers, the Chancellor has confirmed as part of the budget.more

Chancellor Rishi Sunak has set out changes to universal credit he says will give low income families an extra £1,000 a year. In an upbeat Budget speech, he said the UK economy had not been hit as hard by the Covid pandemic as expected.more

A group of UK millionaires has called on Rishi Sunak to make them pay more tax ahead of Wednesday’s budget.more

The European Commission has asked the Polish authorities to urgently provide proof of the cessation of lignite mining activities at the Turów mine, as ordered by the Court of Justice of the EU. In the absence of evidence of such a cessation, the Commission will start issuing regular requests for fines, EC spokesman Tim McPhie said.more

Airport reports losses of £3.4bn since start of pandemic but says UK is ‘on cusp of recovery’more

There is a shortage of materials and qualified employees, also from abroad, and medium-sized companies are afraid of competitiveness - these are one of the many problems of the German economy that the Donau Kurier portal writes about.more

UK Prime Minister Boris Johnson has said that recycling "doesn't work" and that we have to reduce our use of plastic.more

Petrol prices have hit 142.94p a litre, their highest level to date, according to the RAC motoring organisation. Fuel prices were last around this level in April 2012.more

Poland ranks 13th in the EU in terms of employment rate compared to 18 before the pandemic - experts of the Polish Economic Institute pointed out. According to analysts, in the entire EU there were 2.98 mln fewer employed at the end of Q2 this year than before COVID-19.more