Europe has faced challenges in 2025, with political unrest, weak economic data, and concerns about growth potential. The European Central Bank has cut its growth forecast to 1.1%, while GDP is expected to expand by 0.8% in the euro area. Despite these issues, analysts are hopeful for some bright spots in the region’s outlook for the year.
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PMQs live: Badenoch hits Starmer with ‘emergency budget’ jab about upcoming spring statement
Kemi Badenoch criticized the government's handling of the economy, questioning the need for an emergency budget following the Chancellor's recent budget announcement. Sir Keir Starmer defended Labour's economic record, highlighting record investment, interest rate cuts, and rising wages under their leadership. The government's proposed overhaul of the benefits system, including changes to Pip eligibility, has sparked backlash for being seen as targeting the poorest in society to balance public finances. Full Article
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