- Senator Lindsey Graham dies following brief and sudden illness
- Waterloo East and Charing Cross stations to close for £20 million upgrades
- Trump declares ceasefire with Iran is over while agreeing to continue peace talks
- Eiffel Tower and Louvre Museum to close early amid heatwave in France
- ICE Responds to Outcry Over Fatal Shooting of Mexican Man in Houston
- Tornado warning lifted for parts of Manitoba following severe thunderstorm
- Bipartisan housing bill becomes law after Trump declines to sign it
- Man charged with arson after allegedly cutting off his genitals in Indiana
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.
Renewed data indicates a significant decline in consumer confidence and business health in the UK, with GfK’s confidence barometer suffering a drop to -23 amidst rising economic worries.
The IMF has significantly downgraded the UK’s growth forecast for this year to just 1.1%, citing the adverse impacts of the global trade war and rising inflation.
From our sponsors
Subscribe to News
Get the latest news from WTX News Summarised in your inbox; News for busy people.
Advertisement
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.

