Early Christmas shoppers have been warned against getting caught out by unexpected post-Brexit charges when buying gifts from the EU. Changes introduced on January 1 mean some UK consumers buying presents for family and friends from EU businesses may need to pay customs charges when their goods are delivered.more
The number of foreigners who legally live and work in Poland is systematically growing. At the end of June 2021, nearly 818.8 thous. foreigners, which means an increase by 35.2 percent. compared to the same period of the previous year - according to ZUS data.more
The fifth edition of the Belvedere Forum ended yesterday in Warsaw. They talked about relations between the two countries after Brexit, the "Z" generation in the post-pandemic times and the security of Europe in the light of transatlantic relations. For security reasons, the event was organized in a hybrid format.more
A key electricity cable between Britain and France has been shut down, sending wholesale energy prices soaring.
National Grid said a fire and planned maintenance at a site near Ashford in Kent means the cable will be totally offline until 25 September.more
Inflation in Poland will remain high at least until the end of this year, experts of the investment bank Goldman Sachs assessed. They pointed out that the correction of inflation data increased the chances of raising interest rates faster than assumed.more
The UK's annual inflation rate in August was 3.2%, the highest level in more than nine years, and the increase compared to July is the largest in almost a quarter of a century, the National Statistics Office (ONS) reported.more
Higher national insurance payments will leave low-paid frontline workers potentially more than £1,000 a year worse off, while also depriving firms of the cash needed to invest, according to the latest analyses.more
The British supermarket chain Marks & Spencer has branded the EU’s Brexit border controls “pointless bureaucracy” as the UK government considers delaying checks on food imports amid fears of mounting pressure on supermarket supplies in the run-up to Christmas.more
There is strong evidence that British American Tobacco (BAT) has paid a bribe to former Zimbabwean leader Robert Mugabe, according to a journalistic investigation, the results of which will be presented on Monday on BBC Panorama.more
The boss of budget airline Ryanair has warned holiday prices are likely to rise sharply next year as consumer demand for travel rebounds.
Michael O'Leary told The Sunday Times fewer flights, inflation and more taxes would drive airfares up.more
The IT industry has a greater lobbying power than the pharmaceutical, financial or fossil fuels sectors, spending over EUR 97 million annually to influence decision-making in the European Union, according to a report by the Corporate Europe Observatory and LobbyControl, reported by the Brussels portal EUobserver.more
Fewer small and medium-sized enterprises complaining of lower turnover than before the pandemic; the biggest change for the better was recorded by service and trade companies - according to a study for the BIG InfoMonitor Debtors Register.more
The UK economy grew by just 0.1% in July as the last Covid restrictions were lifted in England. It was the economy's sixth consecutive month of growth, but the increase was much lower than in the previous month, which saw 1% growth.more
Nightlife industry chiefs have warned of “very difficult times ahead” for London’s night time economy as the capital faces a “catastrophic” shortage of door staff.more
Inhabitants of Alaska, followed by North Dakota and Nebraska, are among the hardest working people in America. At the bottom of the list are New York, West Virginia and, lastly, New Mexico, according to a study by WalletHub.more
Private rents outside London are rising at their fastest rate for 13 years, research suggests, as tenants making plans for life post-pandemic compete for properties.more