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UK must ‘rebuild’ EU ties after Brexit, says Bank of England boss

UK must ‘rebuild’ EU ties after Brexit, says Bank of England boss

Andrew Bailey tells City of London he takes ‘no position’ on Brexit, but must ‘point out its consequences.’

November 14, 2024 7:00 pm CET
EU prosecutors target Camorra, Cosa Nostra in half-billion-euro fraud probe
Trump’s tariff war is imminent, Macron and Draghi warn Europe
Trump picks Israel ally Elise Stefanik for UN ambassador
US Fed’s Powell says Trump can’t fire him
Netanyahu looks to revive his bromance with Trump
Bank of England cuts key rate to 4.75 percent as inflation heads back to target
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Jörg Kukies to become German finance minister, reports say

Chancellor Olaf Scholz is now leading a minority government until a confidence motion on January 15, with an election expected by March.

November 7, 2024 9:39 am CET

Biden team debates how to ‘Trump-proof’ foreign policy

The expectation is that the president-elect won’t hesitate to reverse any last-minute Biden moves.

November 6, 2024 7:08 pm CET

Bank of England prepares to cut rates despite Trump election turmoil

Analysts see a 25 basis point cut as the most likely result tomorrow, but political uncertainty clouds the outlook going forward.

November 6, 2024 4:08 pm CET

Trump’s in. Here’s what it means for Europe.

From energy and trade to finance and defense, here’s how Donald Trump’s second presidency will impact EU policy.

November 6, 2024 11:44 am CET

Brussels’ global infrastructure plan isn’t challenging Beijing — it’s relying on it

EU-funded projects abroad are being built by Chinese companies.

November 6, 2024 6:00 am CET

EU shrugs off Trump’s threats to scrap green handouts

Trump may cut Europe out of America’s subsidy splurge, but EU industries aren’t seeing many benefits yet anyway.

November 5, 2024 4:40 am CET

UK court deals hammer blow to banks in car finance scandal

Sealed court filings obtained by POLITICO show judges on the Court of Appeal believe there are “no arguable grounds” for lenders to appeal latest ruling.

November 4, 2024 12:14 pm CET

Britain’s art-loving elite fumes at money laundering crackdown

Experts fear tough rules for the art world — meant to root out criminals — will send business to New York and Hong Kong.

November 4, 2024 4:24 am CET

Business leaders are worried about JD Vance and the future of the GOP

They’ve watched the party move away from them under Donald Trump. They’re worried his chosen successor could accelerate the shift.

November 3, 2024 9:08 pm CET

A Trump trade war 2.0 will be worse than the first for Europe

A wave of Chinese goods locked out of the U.S. could end up flooding the world market. 

October 31, 2024 5:49 pm CET

The eurozone economy is not dead (yet)

The Paris Olympics, sustained “revenge spending” on tourism and surprising strength in German domestic demand help offset a slump in manufacturing.

October 30, 2024 12:37 pm CET

‘Bitter medicine’: Why some EU officials quietly yearn for Trump

Europeans may not like the Republican candidate, but officials from several countries said his reelection could spur change in the bloc — namely on defense.

October 30, 2024 4:01 am CET
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Keir Starmer plays fast and loose with public trust in UK budget

Wriggling on tax and public spending promises is a big risk for Britain’s new leader soon after coming to office.

October 29, 2024 4:20 am CET

Digital euro sparks sovereignty battle between EU governments and ECB

Politicians are vying with technocrats for control of a revamp of the single currency that both say poses serious economic risks.

October 29, 2024 4:15 am CET

Meet the gun-toting Brits who will vote for Donald Trump

A British tea room in the swing state of Georgia plays host to some unlikely political views.

October 29, 2024 4:01 am CET

What Boris Johnson can teach the EU about restoring nature

The European Commission hopes capitalism can help solve the biodiversity crisis. Britain might have the answer.

October 28, 2024 4:20 am CET

Hacked info from Italy security databases sold to rich clients, prosecutors say

Italian probe reveals “gigantic and alarming market of confidential data,” prosecutors say.

October 27, 2024 4:26 pm CET

The future EU commissioners’ promises: Everything you need to know

We pored over more than 400 pages of written answers so you don’t have to.

October 24, 2024 4:08 pm CET

The end of the British Empire

U.K. Prime Minister Keir Starmer and King Charles III head to the Commonwealth summit to talk climate change and growth. Not all their friends will be there.

October 23, 2024 4:00 am CET

Parliament approves EU loan of up to €35B to Ukraine

It’s part of a broader G7 initiative to support Ukraine’s war-battered economy.

October 22, 2024 12:54 pm CET

New EU rules aim to protect your money from cyber threats 

July’s major IT outage served as a wake-up call. But can the EU’s regulatory response make a difference?

October 22, 2024 12:19 pm CET

OPINION: Breaking the vicious circle between banks and sovereigns for good

Twelve years after its initiation, it is time to complete the banking union.

October 22, 2024 6:00 am CET

IMF’s end-of-inflation party sobered by debt, war … and a US election

Inflation may be on the retreat, but growth is slowing and debt is rising as the West and China square off ever more directly.

October 22, 2024 4:25 am CET

Moldova’s EU dream hangs in balance as referendum result narrows

President Maia Sandu blamed “criminal groups, working together with foreign forces” for the knife-edge nationwide ballot on EU membership.

October 21, 2024 12:03 am CET
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