EU Commissioner emphasizes the importance of Ukraine implementing necessary reforms to progress towards EU membership and receive financial aid. Key areas of focus include fighting corruption, strengthening the rule of law, and improving the business climate. Support from the EU is contingent on Ukraine’s commitment to these reforms.
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UK businesses brace for economic gloom in 2025
Businesses are preparing for economic uncertainty in the new year following Rachel Reeves's Budget, with a CBI survey revealing plans for reduced output and hiring. Expectations for growth are at their weakest since Liz Truss's time in office, largely due to the chancellor's national insurance hike. Despite defending her tax increases as necessary for economic stability and growth, Reeves faces criticism as the economy faces a bleak outlook. Full Article
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