ECB boss Christine Lagarde cuts interest rates for the fourth time this year as EU flounders

ECB boss Christine Lagarde cuts interest rates for the fourth time this year as EU flounders

By JOHN-PAUL FORD ROJAS Updated: 22:01 GMT, 12 December 2024 The European Central Bank (ECB) cut interest rates for the fourth time this year as the continent’s floundering economy faces political strife and possible US tariffs. The quarter-percentage point cut from 3.25 per cent to 3 per cent takes rates to their lowest since May…

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Tourism and recreation suffered biggest cost hikes of any industry after Budget

Tourism and recreation suffered biggest cost hikes of any industry after Budget

Hospitality companies have warned the Budget could lead to more job cuts  By HARRY WISE Updated: 17:01 GMT, 12 December 2024 Britain’s pubs, restaurants and hotels experienced the fastest increase in costs of any business sector last month, after being hit by tax and wage changes in October’s Budget.  Tourism and recreation companies also implemented…

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