Thursday, 23 July 2026 · Europe
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EUROPES The European Report
European Edition Thursday, 23 July 2026
LATEST

Economy & Money

European economy, markets, the euro, ECB, inflation and business.

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Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others

Investors have rushed to back companies in the physical AI space

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Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them

Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still…

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The business secretary is overselling UK state investment activism

Peter Kyle exaggerates role of British Business Bank and National Wealth Fund in nurturing firms Is the business secretary, Peter …

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US inflation rises to 4.2%, hitting a three-year high as fuel prices rise

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household …

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Frank Elderson: Interview with Het Financieele Dagblad

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Weight-loss drug users save more than £400 a year on food as take-up triples

Research suggests households that include a GLP-1 user collectively spent £780m less on grocery bills Business live – latest updat…

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UK poised to ease steel tariffs as manufacturers warn of costs

Exemptions being considered after March announcement of measures to support domestic steel production Ministers are expected to dr…

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Airbus-led consortium to launch German-backed fighter jet project after FCAS collapse

An Airbus-led alliance of eight defence firms will launch Team Gen 6 in Berlin, a German-backed sixth-generation fighter jet proje…

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AI will help young workers 'mature' faster by automating grunt work, Thoma Bravo says, amid youth job crisis

"If you look at our associates, they're spending a lot less time doing models or comparables than before," Orlando Bravo, founder …

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China’s BYD aims to be world’s biggest car firm within five years

EV maker aims to overtake Toyota, as it plans to spend £1.8bn to build five-minute flash chargers in Europe Business live – latest…

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Buying a home in Spain now requires over 8 years of full salary

House prices rose 20.5% in 2025, while wages edged up just 1%. The Balearic Islands and Madrid are where buying a home demands the…

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Germany: growth halves as state drives investment

The energy shock is further slowing economic growth and fuelling prices. The DIW institute has halved its growth forecast. Fiscal …

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We economists have done the maths: ‘growth’ is a doomed strategy – there is a better way | Olivier De Schutter and others

Our roadmap has been shaped by experts across the world, from UN agencies to grassroots movements. We call on political leaders at…

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A question for Nigel Farage – why is your nationalist party so obsessed with destroying British jobs? | George Monbiot

The net zero economy is booming, so claims that prosperity depends on oil and gas are bunkum – unless you’re a Reform backer with …

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Trump envoy tells Tokayev he has a ‘friend in the White House’ amid US minerals push

The United States and Central Asian countries are seeking to advance investment projects in critical minerals as Washington looks …

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Who works the hardest in Europe? The countries with the longest and shortest working weeks

People in some European countries work nearly eight hours more a week than those in others, according to Eurostat. Experts point t…

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Tech sell-off deepens but oil prices stay flat despite renewed Iran tensions

Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential interest ra…

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What next for BP? Leadership exits test investor confidence in board oversight

An executive exodus at BP has sparked intense scrutiny from investors.

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Beyond 'Silicon Roundabout': The next challenge for UK tech

Fifteen years after the initial hype, there is now genuine excitement around London’s new tech cluster.

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UK pint prices up 36% since last World Cup – here's why

UK pint prices are up 36% since the last World Cup. We look at why beer now costs so much more.

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World Cup 2026: Market analysts who called it twice have picked a new winner

Canadian investment research firm BCA Research has applied the same statistical rigour it uses to analyse global markets to predic…

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It was Britain’s most expensive house. Why is its only resident a homeless man who lives on the porch?

2-8A Rutland Gate had jewel-encrusted bathroom suites and gold wastepaper bins in its 45 rooms, but has lain empty for years. With…

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Bill debt soars but many don't know help is available

The majority of billpayers are unaware of special tariffs for water and broadband, the spending watchdog says.

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Beauty Pie LED mask ad banned over misleading anti-wrinkle claim

The mask is not "clinically proven to reduce wrinkles in four weeks", the advertising watchdog finds.