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The UK’s first rate cut in four years is awkward for Labour

The UK’s first rate cut in four years is awkward for Labour

The U.K.’s finance minister spent all week saying Britain’s economy is broken. Then the BoE cut interest rates.

August 1, 2024 6:11 pm CET
Bank of England cuts key interest rate to 5 percent, saying inflation threat has eased
Malta central bank chief steps down ahead of criminal trial
US and its allies rush to save their climate movement from Trump
BoE set for knife-edge decision on first rate cut
Trump vs. Biden’s historic climate agenda
Europe’s €10 trillion gamble

Europe’s €10 trillion gamble

July 29, 2024 12:26 pm CET
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The 11 MEPs who actually matter

Here are the EU lawmakers to keep your eye on in the new term.

July 29, 2024 4:00 am CET

Maltese central bank chief defies calls to resign amid sprawling corruption case

Edward Scicluna says he will remain in office despite ongoing criminal proceedings against him, citing a controversial carve-out for central bankers.

July 25, 2024 6:55 pm CET

Hungary quietly takes €1B loan from Chinese banks

With public debt at a record high, Budapest is increasingly looking to Beijing for cash.

July 25, 2024 4:56 pm CET

Trump courting crypto industry could spell trouble for Europe

Trump’s about-turn on crypto-assets — and his pick of crypto-evangelist running mate JD Vance — resurfaces a nightmare scenario for EU policymakers.

July 24, 2024 4:15 pm CET

Europe’s manufacturing slump shows no signs of ending

Manufacturing in Europe’s industrial heartland weakened further in July, confirming the worst fears of EU leaders concerned by the direction that the bloc’s economy is taking. S&P …

July 24, 2024 12:01 pm CET

Washington’s most powerful interests don’t know whether to cheer Harris — or dread her

Would she bring continuity with Joe Biden’s policies? A more centrist vibe? A sharper progressive bite? Industries including tech, energy and pharma want to know.

July 23, 2024 6:10 pm CET

Lagarde to skip G20 to feel the Olympic buzz in Paris

The ECB president will also miss a meeting of G7 officials.

July 23, 2024 4:02 pm CET

The time Kamala Harris upset the Brits

The probable Democratic presidential candidate ruffled feathers when she visited Britain back in November.

July 22, 2024 7:57 pm CET

15 experts predict what Biden’s dropout means for the 2024 election

Political analysts and historians weigh in on an unprecedented moment in American politics.

July 22, 2024 10:13 am CET

What happens next now that Biden has dropped out?

The next nominee must begin locking down the endorsements of delegates.

July 21, 2024 8:56 pm CET

ECB leaves rates unchanged, keeps door open to September cut

Lagarde shrugs off sticky inflation but takes a gloomier view of the economy.

July 18, 2024 2:24 pm CET

To do: 6 thorny issues lurking in MEPs’ inboxes

From creating an EU-wide money market to protecting kids online, POLITICO looks at what lies ahead for lawmakers.

July 18, 2024 4:00 am CET
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Report: Trump wouldn’t fire Fed’s Powell if reelected

The presumptive GOP nominee’s remarks suggest that he may not go further than he did in his first term.

July 17, 2024 9:22 am CET

Blood turns to martyrdom as Republicans rally around Trump

The incident served to reinforce one of the pillars of Trump’s image: Strength.

July 14, 2024 11:36 am CET

European Investment Bank’s ex-chief denies €1M corruption allegations

Investigation centers on reported payoff deal between former president of EIB and senior official.

July 9, 2024 4:52 pm CET

Investors too confused by French election to panic — yet

Markets will certainly make their position known if politicking threatens to stretch public finances.

July 1, 2024 6:55 pm CET

The dirty little secret no politician will admit: There is no way to ‘go for growth’

Everything now is just a euphemism for financial repression and austerity. That doesn’t stop politicians looking for magical alternatives.

June 27, 2024 6:44 pm CET

Paris was on the cusp of becoming the EU’s finance hub. Then came the election.

The French vote could deal a massive blow to the capital’s post-Brexit ambitions.

June 27, 2024 6:37 pm CET

Hungary is flirting with China — at what cost to the EU?

Budapest’s friendly ties with Beijing run contrary to Brussels’ de-risking efforts.

June 25, 2024 6:00 am CET

Fortress Hungary has a surprising answer to its population crisis: Migration

Quietly and without much fanfare, Viktor Orbán’s government is allowing more and more guest workers into the country.

June 25, 2024 6:00 am CET

City dreams of Labour win to deliver new Brexit deal

It’s considered a ‘hanging offense,’ but could some EU countries hash out side deals with the UK on financial services?

June 25, 2024 5:00 am CET

EU prosecutors launch bombshell corruption probe into former European Investment Bank chief

Investigators raided Werner Hoyer’s house as part of an “abuse of influence” investigation.

June 24, 2024 2:03 pm CET

UK hits 2 percent inflation target 

The metric bolsters a beleaguered Conservative party that had made inflation a central issue ahead of the July 4 election.

June 19, 2024 8:09 am CET

G7 strikes provisional deal on using Russian assets for $50B Ukraine loan

But crucial details remain unsolved as diplomats fear that talks might drag on until the end of the year.

June 13, 2024 4:10 pm CET
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