Hourly labour costs rise 3.1% in the euro area and 3.2% across the EU
Hourly labour costs rose by 3.1% in the euro area and 3.2% in the European Union in the second quarter of 2026...
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Economy
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£89.9 million investment in Scotland’s life sciences as Chemify expands digital chemistry
Scottish Enterprise has announced an £89.9 million expansion project centred on Glasgow digital-chemistry comp...
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Starbucks considers selling majority stake in Japan business valued at around $3 billion
Starbucks is considering selling a majority stake in its Japan business in a potential deal that could value t...
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ECB rate increase takes effect today: key rates rise to 2.50%, 2.65% and 2.90%
The European Central Bank’s new interest rates take effect today, 16 September 2026, following the Governing C...
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Average UK house price reaches £273,000 as London falls 3.3% year on year
The average UK property price reached around £273,000 in July 2026, according to the UK House Price Index publ...
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McLaren to invest £500 million in the UK and create 1,000 new jobs by 2032
McLaren Automotive has announced an investment of around £500 million to expand its operations in the United K...
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Euro area posts €14.2 billion trade surplus in July as exports rise 9%
The euro area recorded a surplus of €14.2 billion in goods trade with the rest of the world in July 2026, acco...
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118 years since General Motors was founded: how Billy Durant built an automotive giant
On 16 September 1908, in Michigan, William “Billy” Durant founded General Motors. Today, 16 September 2026, ma...
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EU proposes major changes for mobile workers: faster qualification recognition and digital social-security documents
The European Commission has adopted a new package for fair labour mobility, with measures aimed at faster reco...
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34 years since Black Wednesday: the day Britain pulled sterling out of Europe’s exchange-rate mechanism
On 16 September 1992, sterling went through one of the most dramatic days in modern British financial history....
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18 years since Lehman Brothers collapsed: the day that turned the financial crisis into a global shock
Today, 15 September 2026, marks 18 years since the bankruptcy of Lehman Brothers. Early on 15 September 2008,...
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Some companies are moving production back to China after attempts to avoid US tariffs in India and Vietnam
Some companies that shifted production and sourcing away from China towards India, Vietnam and other Asian man...
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