Interest rates live: Bank of England set to cut interest rates in boost for mortgage holders

The Eurozone economy grew 0.4% in Q1, exceeding expectations ahead of Donald Trump's tariff announcements, doubling the previous quarter's growth of 0.2%. Analysts predict that the ensuing global trade war will adversely affect future performance, with indicators of declining business confidence and potential for a technical recession in H2. The European Central Bank has repeatedly lowered growth forecasts, now at 0.9% for 2025, and anticipates further interest rate cuts amidst rising trade tensions, while Germany...

This article discusses ongoing trade tensions between the EU and the US, particularly regarding tariffs imposed by President Trump. As negotiations stall, the EU is preparing retaliation measures, focusing on tariffs on a new list of US goods while maintaining unity among member states. Additionally, it covers the critical vote on forming a German coalition, highlighting the challenges facing the Christian Democrats (CDU) and the Social Democrats (SPD) amid internal dissent and the potential for...

Private acquisitions have removed over $1 trillion from European equity markets in the past decade, according to a report by HSBC Global Research and New Financial, highlighting the shift from public to private capital. The report notes that 1,013 European companies have been acquired, compared to only 130 that relocated to the US stock market, raising concerns about diminishing liquidity and investment in Europe. Policymakers are urged to reform public markets, as the current climate,...

The EU, now the world's largest trading bloc, faces challenges as trade dynamics shift under US influence, particularly during Trump’s presidency, which has seen the imposition of significant tariffs. European Commission President Ursula von der Leyen is navigating negotiations with the US while also fostering trade relationships with countries like Brazil, Mexico, and India to mitigate dependency and internal market barriers. Despite having the largest network of trade agreements, the EU struggles with internal opposition...

Germany is experiencing a surge in economic optimism, with a consumer survey indicating the highest confidence levels since last August, and companies like Deutsche Bank and Lufthansa maintaining positive outlooks despite global uncertainties. The DAX has risen over 12% this year, aided by a government plan to increase spending, yet the IMF forecasts minimal growth. While key sectors show improving activity, they remain in contraction; nevertheless, the alignment of Germany's economy and corporations, coupled with...

The European Court of Justice has ruled that Malta's "golden passport" scheme, which allowed individuals to buy citizenship and live in the EU, is illegal and must be abolished. The court determined that the investor citizenship program violated EU law by commercializing nationality, undermining the mutual trust essential for a borderless EU. This long-awaited decision emphasizes that such practices are incompatible with the principles of European citizenship and law. Full Article