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ECB criticises Italy's revised proposal on gold reserves, worries about central bank independence
Headlines
Trump calls EU fine on X 'nasty one', says Europe going in 'bad directions'
Finance
UK services firms report slower growth, more job cuts in lead up to budget, PMI shows
Finance
Unilever to consolidate shares on 8-for-9 ratio after Magnum demerger
Bank of England's Taylor expects inflation to fall to target 'in the near term'
Date: December 8, 2025
LONDON, Dec 8 (Reuters) - British inflation is likely to return to its 2% target "in the near term" as wage growth and inflation in the services sector look set to slow further, Bank of England...
EU Parliament pushes for age limits on social media to safeguard minors
Date: December 8, 2025
By Philip Blenkinsop BRUSSELS (Reuters) -The European Parliament called on Wednesday for the European Union to set minimum ages for children to access social media, to combat a rise in mental health...
UK OBR downgrades 2026 growth forecast to 1.4%
Date: December 8, 2025
LONDON (Reuters) -Britain's economy is forecast to grow by 1.4% next year, according to estimates by the country's budget watchdog published on its website on Wednesday ahead of finance minister...
JSW's plan for voluntary job reductions draws high interest from workers, CEO says
Date: December 8, 2025
By Alicja Surdy (Reuters) -An internal survey at Polish coal miner JSW showed more than 6,000 employees were interested in a planned workforce reduction, almost double the number eligible for the...
UK's budget watchdog to publish one full forecast per year
Date: December 8, 2025
LONDON (Reuters) -Britain's Office for Budget Responsibility will carry out one full fiscal forecast a year instead of the current two, according to its outlook unexpectedly published on Wednesday...
UK inflation to average 2.5% in 2026, OBR forecasts
Date: December 8, 2025
LONDON (Reuters) -British consumer price inflation is set to average 2.5% in 2026, according to estimates by the Office for Budget Responsibility published on its website on Wednesday ahead of finance...