Now playing Next Business English council claims Dubai businessman misused €175m investment Thurrock Council in England said it may be forced to raise taxes and cut down on council services for years in order to recover its finances 15/08/2024
Now playing Next Economy Russia's economy: A balance between labour shortage and military might Russia's leadership finds itself in a peculiar dilemma – it lacks manpower to protect its borders and continue the fight in the Donbas, but it also needs to plug labour gaps if it is to sustain its war economy. 15/08/2024
Now playing Next Culture news Cheap vs Expensive: How to enjoy the Edinburgh Fringe on any budget Whether you’re on a shoestring budget or flush with cash, there’s something for everyone at the Edinburgh Fringe Festival. 15/08/2024
Now playing Next Markets Currency war ahead? Euro gains as US CPI boosts Fed rate cut outlook Favourable market conditions in the eurozone and the UK and lower US inflation could prompt the US Federal Reserve to consider rate cuts. As the euro and pound strengthen, the Fed might feel pressured to adjust rates to maintain the competitiveness of the dollar. 15/08/2024
Now playing Next Travel News European airline launches €499 all-you-can-fly annual subscription Wizz Air’s new offering has created a lot of hubbub in the aviation industry - but it’s important to read the small print before signing up. 14/08/2024
Now playing Next Economy US inflation comes in lower than expected in July Inflation has taken a central role in the presidential election, with former President Donald Trump blaming the Biden administration's energy policies for the price increases. 14/08/2024
Now playing Next Economy Rising energy prices spark increase in French inflation rate France's national public audit office has said the eurozone's second biggest economy could be significantly exposed to macroeconomic shocks, because of its €154bn public deficit and lagging public finances. 14/08/2024
Now playing Next Economy Pound slips on weaker-than-expected UK inflation data The pound retreated following a one-day surge, prompted by weaker-than-expected UK inflation data. Cooling inflation may increase the likelihood of further interest rate cuts by the Bank of England this year. 14/08/2024
Now playing Next Affiliate content The new European cities attracting digital nomads Partner content presented by Jobbio With Portugal making it less easy for digital nomads, these EU cities could offer an alternative for a work-life balance. 14/08/2024
Now playing Next Business Jewellery maker Pandora raises full-year growth guidance The company recently opened its first flagship store in Copenhagen, and also launched its first lab-grown diamonds in Denmark. 13/08/2024
Now playing Next Experiences A new Orient Express train is nearly here and every detail is dreamy Another legend of the golden age of rail travel is awakening. 13/08/2024
Now playing Next Economy German wages set to rise at the fastest pace in more than a decade Pay increases may compensate for falling purchasing power. However, wages will still remain below their 2020 value. 13/08/2024
Now playing Next Europe News 'Bold and brilliant': US senators support Kyiv's Kursk incursion "I think there's a case to be made that is in our national security interest, whether you're a Republican or Democrat, for Ukraine to survive and thrive," one of the senators said. 13/08/2024
Now playing Next Europe News Freed Russian dissident plans to marry girlfriend Sasha Skochilenko was released in Moscow's prisoner exchange with Washington after spending more than two years behind bars for protesting against Russia's war in Ukraine. 13/08/2024
Now playing Next Markets Oil and gold prices surge as tensions rise in the Middle East Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely to sustain gold prices, the bullish momentum in oil markets may also persist due to concerns over undersupply. 13/08/2024
Now playing Next Europe Decoded What could an EU Commissioner do to tackle the housing crisis? European Commission President Ursula von der Leyen has promised MEPs an EU commissioner with a mandate on housing, an area of limited competence for the bloc - how might these new powers be unveiled in practice? 13/08/2024
Now playing Next Culture news Why is the novelty popcorn bucket 2024's biggest cinema trend? The internet is obsessing over movie-themed popcorn buckets, with each new design becoming an online sensation and elevated to coveted collectable. What in the seventh art is going on with the "War of the Popcorn Buckets"? 12/08/2024