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German central bank president: Germany is preparing for future challenges, and a "fitting plan" for reforms remains crucial.

2026-10-16

German central bank president: Germany is preparing for future challenges, and a "fitting plan" for reforms remains crucial.

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2026-10-15

Rising fuel, energy and mortgage costs, together with the prospect of tax increases in this month’s budget, have stalled UK consumer confidence and are squeezing household finances. Increasing numbers of households are borrowing to meet living costs

Rising fuel, energy and mortgage costs, together with the prospect of tax increases in this month’s budget, have stalled UK consumer confidence and are squeezing household finances. Increasing numbers of households are borrowing to meet living costs while others are raising savings. Strong GDP on Thursday showed unexpected resilience, but retail activity is weakening and retailers are extending promotions. Consumers are cutting dining out and big-ticket purchases, shifting toward small ‘feel-good’ spends such as cosmetics and premium supermarket meals. Fading summer/World Cup demand and spillovers from the Middle East conflicts are adding pressure to household budgets.
2026-10-16

Ofgem (UK Gas and Electricity Markets Office): MSC payments between suppliers will only occur if wholesale prices subsequently fall to a level sufficient to trigger the mechanism.

Ofgem (UK Gas and Electricity Markets Office): MSC payments between suppliers will only occur if wholesale prices subsequently fall to a level sufficient to trigger the mechanism.
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