Latest News
- Teenager jailed for five years for raping girl, 16, at train station toilets
- Mother of British TikToker detained in Dubai reports daughter is suffering in prison
- Trump claims energy ceasefire between Ukraine and Russia is in effect
- Trump claims energy ceasefire remains in effect as Ukraine reports fresh Russian strikes
- Stelco refutes Ottawa’s accusations over layoffs and legal threats
- House Speaker Mike Johnson opposes livestreamed execution by Hegseth
- Nobel Prize winner claims Russian medics are torturing Ukrainian prisoners
- Spain’s National Day parade features military display amid political tension
Business Briefing
In January 2026, annual inflation in the euro area decreased to 1.7%, down from 2.0% in December 2025, a notable shift that hints at easing cost pressures within households. However, beneath the headline figures, a diverse inflation landscape emerges; for instance, Romania and Slovakia reported significantly higher rates at 8.5% and 4.3%, respectively. This disparity signals potential challenges in achieving cohesive monetary stability across the bloc, as elevated inflation in certain member states could affect overall policy effectiveness. As the euro area adapts to these variances, the broader implications for economic cohesion in the region warrant careful observation.
This morning, Eurostat reported that annual inflation in the euro area is anticipated to decline to 1.7% in January 2026, down from 2.0% in December. Key components such as services and food show varied inflation rates compared to last month.
This morning, Eurostat released flash estimates indicating a 0.3% increase in GDP for both the euro area and the EU in Q4 2025. Year-on-year growth stands at 1.3% for the euro area and 1.5% for the EU. Employment rose by 0.2% in the same quarter.
UK crown courts heard 226 fraud cases last year compared with 221 in 2022, according to new figures from KPMG’s Fraud Barometer, which tracks cases worth £100,000 and above.
Iranian petrochemical firms secretly used British front companies to obtain bank accounts with Lloyds and Santander in order to evade US sanctions.
IMF: Germany to be weakest major economy in 2024 while UK downgraded again The International…
Nearly two-third of first time buyers are entering the property market with someone else, a new report by Halifax has found.
Mounting losses from banks in the US, Asia and Europe have rekindled concerns about weakness in the US commercial property market.
Water bills to rise above inflation in April Water companies anticipate an above-inflation increase in…
© 2026 WTX News.