Economy

UK's M&S Announces 10.1% Raise In Store Workers' Pay

British clothing and food retailer Marks & Spencer said it would give around 40,000 store workers a 10.1% pay increase from 1 April, a move that reflec...

German Consumer Sentiment Stabilises At Low Level In March, GfK Finds

German consumer sentiment is expected to stabilise at a low level in March as households are confronted with great uncertainty due to constantly rising pri...

Food Tech Firm Umiami Earns B Corp Certification

French food tech firm Umiami has been awarded a B Corp certification by B Lab for its social impact.

Diageo Contributes €13bn Annually To Europe's Economy, Study Finds

Diageo contributes over €13 billion to Europe’s economy every year, creating jobs for over 200,000 people, a new report from Oxford Economics sh...

British American Tobacco Beats Full-Year Profit Estimates, Signals ITC Stake Disposal

British American Tobacco forecast low-single digit organic revenue growth, adding it expected a slow recovery in the United States economy.

Czech Retail Sales Sink In 2023, But Recovery Signs Spotted

Retail sales in the Czechia fell sharply in 2023 amid high inflation, the statistics office said, although signs of recovery among consumers at the end of...

UK Retail Sales Dive In January At Fastest Pace In Three Years: CBI

British retail sales volumes slid in January at the fastest pace for three years, according to an industry survey which echoed weak official data published...

EU To Allow Wider Measures To Control Ukraine Grain Imports

The European Commission is looking into ways of allowing eastern EU member states to restrict farm imports from Ukraine as it extends trade liberalisation...