In both the Draghi report and von der Leyen’s mission letter to Roxana Mรฎnzatu there is a strong focus on promoting productivity, competitiveness and, ultimately, economic growth – the โholy grailโ of every economy. But if this is really our only under…
Regeneration efforts in former coalmining communities have not led to enough job creation Politics is hard because it invariably involves making choices between conflicting objectives. As Keir Starmer is discovering, the need to prioritise means you ca…
Eurozone household sentiment diverges from American counterparts, whose buoyant spending is fuelling growth
The EU’s energy taxation rules favor oil and gas despite efforts to reach net zero, experts say.
Arden Strategies have gained a reputation as a power player in the new U.K. regime.
What can London learn from Sacramento’s doomed attempt to regulate the existential risks posed by powerful AI?
Scan the economic data and it’s easy to see why Europeans have reason to look on with envy at their friends across the Atlantic.
Slowest price growth in over a year comes after painful rate rises
Andrew Bailey said the Bank of Englandโs only agenda is โtrying to run an institution to its maximum effectiveness.โ
Emmanuel Macron rang the alarm bell in Berlin on Wednesday (2 October), warning that EU member statesโ thinking must change urgently so the bloc can face US and China competition. โIf we continue with our [old] growth model, weโre out in three-four yea…
Starmer came away from his first visit to Brussels as prime minister with an agreement to keep talking.
Academic becomes the third Italian to take influential post after a previous U.S. pick was forced out.
The champagne was flowing โ but are the Tories in a state of collective denial?
Euro zone inflation dipped below 2% for the first time since mid-2021 in September, reinforcing an already solid case for a European Central Bank rate cut this month as a three-year battle to tame runaway price growth nears its end.
Beefed-up anti-protest laws take aim at climate activists and allow nonviolent protesters to be jailed.
In desperately seeking to maintain its privileged position in Washington, successive Irish governments have unintentionally sabotaged their credibility within the EU.
Stellantis slashes growth forecast, with Aston Martin maker also warning of problems as car industryโs woes deepenBusiness live โ latest updatesThe owner of Vauxhall, Fiat and Peugeot has issued a profit warning, blaming a hit to sales from a deteriora…
Donald Trump never stops talking about immigration, trade and the economy. Those policy areas have animated all three of the former presidentโs campaigns for the White House, and he often finds ways to morph other topics into border security, tariffs, taxes and inflation when heโs riffing on the campaign trail. And for years โ amid [โฆ]
From the Draghi report to Ursula von der Leyenโs new College of Commissioners: the telecom sector is now a key ally in delivering on the promise of more competitiveness.
Weak growth likely to lead central bank to lower rates by 0.25% next month rather than in December
Prime minister hopes to use talks with European Commission president Ursula von der Leyen this week to prepare for a reset in the springKeir Starmer will use a meeting with the European Commission president this week to pave the way for a springtime ov…
Attention of policymakers is shifting from inflation to growth as unemployment starts to rear its head.
Structural problems mean the country will struggle to return to pre-pandemic rates of economic expansion, say leading institutes
โI donโt think anyone should go to the UK when theyโre releasing convicted pedophiles in order to imprison people for social media posts,โ said tech billionaire.
The party is licking its wounds from a gargantuan defeat at the U.K.โs general election in July, and it still doesnโt have a leader. So this yearโs Conservative Party conference will be a bit different, with most eyes on the leadership debate rather than the policies the party will prioritize in opposition. Nonetheless, in financial [โฆ]
The world’s most heavily sanctioned country, since it invaded Ukraine in February 2022, recorded year-on-year growth of 4% in the second quarter. But the Russian economy could suffer from structural handicaps.
More billions are on the way from the tech giant as the Irish hoover up multinational taxes at a breakneck pace โ but struggle to build what this booming nation needs.
With billions invested in start-ups that tackle climate change and drive digital advances, Europe’s VC industry is not just keeping paceโit’s powering the EU’s ambitions and setting the stage for a brighter future. Eric de Montgolfier…
Britain is set to rank joint second among G7 countries this year, behind the U.S.
Forecast upgrades UK to joint second after US but it is still expected to have highest inflation among G7 countriesBusiness live โ latest updatesThe global economy is โturning a cornerโ, according to the latest outlook from the Organisation for Economi…
Piyush Goyalโs showmanship and negotiating savvy have made him a weapon for India as it takes up its mantle as a global superpower. But is his aggressive approach at risk of backfiring?
Former Portuguese finance minister is known for introducing harsh economic austerity.
Olaf Scholz’s hostility to UniCredit’s swoop on Commerzbank is a sign that pan-European integration will remain elusive.
The president celebrated his environmental successes and took aim at former President Donald Trump.
The key is to ensure that regulation doesnโt stifle growth
On Monday, rail sector specialists spent a six-hour train ride attempting to figure out how to fix a network that’s fragmented, expensive and arguably holding back European growth.
Leonardo Quattrucci believes quantum needs to be at the forefront of Europeโs thinking about new technologies in the next decade. Itโs a question of leadership, ambition and investment in growth, but a new approach to innovation is needed too.
Greater collaboration between industry, government, policymakers and the NHS will be critical for treatment options in the UK to match the pace of scientific innovation. What is our route to achieving timely patient access across the country like our European neighbours?
With both president and prime minister vying for control in the policy domain, the political picture could look somewhat different.
An election win for the chancellor’s Social Democrats is already being overshadowed by coalition infighting โย and questions over how long the government will last.
* Euro zone business activity weaker than expected * German economy likely in recession, survey shows * Euro falls sharply on bets of further interest rate cuts (Adds bullet points, euro reaction in paragraph 3, bond market reaction in 10, details from…
Sweden’s poor environmental record has some MEPs worried about commissioner choice.
Behind the scenes, decisions on Labour’s agenda are being dictated to a great extent by the Treasury.
Economy Minister Robert Habeck will meet with carmakers โย but he has few weapons to stave off a car industry crisis.
Von der Leyen’s current dominant position presents an opportunity to turn the bloc into a global-facing innovation powerhouse.
Despite the best efforts of party bigwigs, Britainโs annual gatherings of political animals frequently descend into chaos.
Serbian President Vuฤiฤ says he has โno relationshipโ to Kosovo leaders as EU-led talks fail to produce results.
ECB President Christine Lagarde had hinted last week that there would be no further action until December.
Looking to influence financial services policy but unsure who to meet at Labourโs inaugural party conference in Liverpool this weekend? Politicians, advisers or policy wonks: Weโve got the ultimate list of who holds the power in and around the first Labour Party conference in 14 years โ and who to have a chinwag with on [โฆ]
Who to look out for in Liverpool this weekend.
We break down the 20 figures inside and outside government shaping Labourโs tech policy.
We break down the 20 figures inside and outside government shaping Labourโs trade policy.
From issues as diverse as supporting councils with childrenโs care to dealing with cybersecurity attacks and the drive to net zero, our firms are delivering specialist expertise, value, and support.
Jubilant Liberal Democrats are celebrating after years in the political wilderness โ but can it last?
Threatened by Moscow, buoyed by its economic growth and disappointed by Berlin’s attitude, Warsaw intends to play a major role within the EU 27, particularly on defense issues.
Everything you need to know about Ursula von der Leyen’s team for her second term.
Commission president hands out the top jobs in her new team.
Investors are tipped to co-invest in capital-intensive tech alongside the EU’s fund.
Bold policies and investments are needed to achieve climate neutrality and boost economic growth. Expanding electrification, creating the business case for pioneering low carbon solutions and energy security need to be at the core of political action, …
Whatever the prime minister is selling after almost nine years in power, Canadians are no longer buying.
An escalating standoff between workers and employers in Venice over an expired contract has exposed the volatile reality behind the data that informs Europeโs economic decision-making.
European Central Bank (ECB) President Christine Lagarde praised Mario Draghiโs โformidableโ report on Thursday (12 September) but said that the responsibility for boosting Europeโs lagging competitiveness ultimately lies with EU governments rather than…
โStructural reforms are not the responsibility of the central bank โ they are the responsibility of governments,โ European Central Bank president says.
European Central Bank lowers forecast for GDP growth, as it cuts interest rates for the second time this yearThe European Central Bank has warned that economic growth in the eurozone will be weaker than it had hoped, as it lowered interest rates for th…
Second quarter-point reduction this year comes amid falling inflation and mounting signs of slower growth
The central bank has trimmed its growth forecasts owing mainly to weak domestic demand.
Italy will not present its new budget plan until next month, missing the European Union’s September deadline, because parliament wants the Treasury to factor in upcoming revisions to economic growth data for 1995-2023, a minister said.
Some experts lament the lack of bolder commitments in farming.
Inflation likely wonโt return to target until late next year, a new set of economic forecasts is expected to confirm Thursday.
Figures are a blow to chancellor Rachel Reeves who has put growth at the heart of governmentโs agenda
Britain has been drilling off the Scottish coast for generations. But the new Labour government has greener plans.
The European Central Bank may cut interest rates at its meeting on Thursday. But is the move coming too late and too slow?
The Court of Justice said Googleโs practice of favoring its own shopping search results over rival services โwas discriminatory.โ
The former prime minister faces an up hill struggle to rehabilitate her battered reputation.
The Draghi report is full of good intentions to mend a continent losing its way. But while the vision is bold, the politics are practically impossible.
Elon Musk’s X is subject to a Commission probe on compliance with the bloc’s content-moderation rulebook.
Switzerland’s population growth has come with a dramatic shift in urban architecture. What these new construction projects gain in height, they lose in originality, resulting in buildings that are seen as ugly or even disastrous.
โGermany will not agree to this,โ country’s finance minister tells POLITICO.
Report by Mario Draghi calls for additional investment to regain growth and prevent social unrestBusiness live โ latest updatesThe EU should fear for its self-preservation as it faces a โslow and agonising declineโ, according to a hard-hitting report b…
Mario Draghiโs long-awaited competitiveness report published this morning (9 September) calls for a fundamental re-think of the EUโs green growth drive. The former Italian Prime Minister stands by the blocโs climate goals โ but wants less โgreenโ and m…
Limp purchasing managersโ indices in July and poor figures for new orders hint that Europe is heading for broader slowdown
Europe is facing an “existential challenge” to increase its productivity, Mario Draghiโs long-awaited report on European competitiveness states, with the main priorities focused on advancing the tech sector and ensuring a successful transition towards …
AI is an opportunity for Europe while common borrowing is needed to fund defense, former ECB chief says in landmark report. Read the full paper here.
Officials and companies fear the costs of complying with new environmental laws are smothering the EUโs competitiveness
Can the former chief Brexit negotiator, now France’s prime minister, grease the wheels on budget talks with Brussels?
Normally a hotbed of business schmoozing, the Conservative conference is generating shrugs among industry chiefs.
Record interest rates have sent a chill through the market
The way the commission and member states currently operate undermines the blocโs economic objectives
Greek Prime Minister Kyriakos Mitsotakis outlined his economic agenda at the Thessaloniki International Fair, focusing on wage growth, employment, and climate challenges.
A top political strategist explains how the Latino vote is shifting.
Serbia gets pulled โ and pulls itself โ sharply between East and West. Where it ends up will help decide which Great Power emerges triumphant.
The carmaker’s executives are locked in a stalemate with workers as the company’s future hangs in the balance.
A new report about the global state of COPD offers insights from 30 national experts on how policy action can be implemented worldwide.
Germanyโs GDP growth forecast was downgraded to zero percent by a leading think tank on Thursday (5 September), amid growing fears that weak productivity and a sustained weakness in manufacturing could lead to weak growth becoming entrenched in Europeโ…
Major parties appear to back the ex-Italian premierโs plans to boost sluggish EU growth.
Regardless of the raceโs outcome, the blocโs interests donโt fully align with those of Washington, and itโs time to finally recognize this.
The Democratic presidential candidate is proposing a smaller hike in the tax that mostly hits the wealthy than the one pushed by President Joe Biden.
CEO adds that political instability could hurt Germany’s appeal as an investment destination.
The PM was probed on issues where he faces rumbling discontent from his backbenchers.
Piero Cipollone, member of the Executive Board of the European Central Bank, says he hopes wages will catch up with inflation.
