- August 2026 recorded the highest global temperatures ever, says Copernicus
- Netanyahu to sue Haaretz over report of UAE warning before October 7 attack
- Calgary mayor emphasises fiscal discipline for budget decisions amid deficits
- GOP candidates in battleground races opt out of Trump-backed midterm convention
- Jeremy Corbyn asserts commitment to fighting for a free Palestine despite travel ban by Israel
- Carcassonne police officers suspended after leaked racist remarks video
- Lindsay Clancy attorney requests case dismissal following mistrial ruling
- MLA requests review following multiple collisions involving Surrey police
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.
Crispin Odey, a prominent hedge fund manager, being banned from financial roles in the City of London and receiving a substantial fine from the Financial Conduct Authority (FCA) due to “lack of integrity.
The front page highlights growing concerns about the UK economy, with warnings of a potential recession due to a “hiring slump.”
“Around the world, allies fear that America First means they come second, third or even last.”
The revised economic outlook This week’s Economist says Donald Trump’s economic delusions are already hurting…
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