DUBLIN (Reuters) – Irish tax revenues were 13% higher in January than the same pre-pandemic period two years ago after a busy Christmas boosted what is generally the strongest VAT-due month of the year, finance ministry data showed on Wednesday. Januar…
Sterling rises further ahead of expected BoE rate hike
By Julien Ponthus and Saikat Chatterjee LONDON (Reuters) -The British pound climbed on Wednesday for a fourth session in a row, reaching a 1-1/2-week high against the dollar, as investors firmly held to their expectations that the Bank of England will …
Britain reports 534 COVID deaths, highest in nearly a year
LONDON (Reuters) – Britain reported 534 deaths within 28-days of a positive COVID-19 test on Wednesday, the highest daily figure since late February 2021. The government data also showed 88,085 new cases of COVID-19, in line with recent numbers. Whilst…
Fighting COVID will help economy recover faster, lower inflation -IMF’s Georgieva
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The COVID-19 pandemic remains the biggest risk to the global economy, and is contributing to rising inflation in many countries, International Monetary Fund chief Kristalina Georgieva said on Wed…
Euro zone fiscal support for economy to shrink in 2023 – Eurogroup head
BRUSSELS (Reuters) – Fiscal support for the euro zone economy will diminish next year as the recovery strengthens, the chairman of euro zone finance ministers Paschal Donohoe told the European Parliament’s economic committee on Wednesday. “It is reason…
Yamal-Europe Russian gas link at a halt after hints of westbound flows
By Vladimir Soldatkin MOSCOW (Reuters) -Natural gas supplies between Poland and Germany via the Russian Yamal-Europe pipeline came to a halt on Wednesday, data from the German network operator Gascade showed, dashing expectations it was about to pump g…
White House cybersecurity official in Europe warning of Russian hacks
LONDON (Reuters) – Russia could use cyberattacks as part of its efforts to destabilise and further invade Ukraine, a White House cyber official visiting her European counterparts said on Wednesday. Anne Neuberger, U.S. deputy national security advisor …
EU reviewing contingency plans for gas supply disruptions
By Kate Abnett BRUSSELS (Reuters) – The European Union is reviewing contingency plans for disruptions to gas supply, although countries’ storage and infrastructure should buffer against major shocks, the EU’s energy policy chief said on Wednesday. Esca…
EU proposes rules to label some gas and nuclear investments as green
By Kate Abnett BRUSSELS (Reuters) -Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors, and which some lawmakers will …
Factbox-Which UK Conservative lawmakers have called for confidence vote in PM Johnson?
LONDON (Reuters) – British Prime Minister Boris Johnson is fighting for his premiership after a series of scandals including the revelation that alcohol-fuelled events were held in his offices and residence during COVID-19 lockdowns. Johnson could face…