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Primož Dolenc urged patience on monetary policy. The acting Slovenian central bank governor said the European Central Bank should only cut interest rates further if fresh economic shocks hit the euro area, warning that premature easing could unsettle inflation expectations and financial stability.
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UK GDP inched up by 0.1 per cent in August. Modest gains in services and manufacturing helped offset July’s contraction, suggesting a stabilising economy ahead of next month’s Budget. Economists warned, however, that fragile demand and tight credit conditions continue to limit the scope for faster growth.
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Brookfield Asset Management partners with Bloom Energy for AI data centres. Brookfield plans to invest up to $5 billion in deploying Bloom Energy’s fuel cell technology across its global AI data centres to address the rising power demand with efficient, scalable solutions….
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South Korea mandates sustainable aviation fuel for flights by 2027. The new roadmap requires international flights to use sustainable aviation fuel, increasing its blend over time, aiming to decarbonise aviation. SAF producers claim potential emissions reductions of up to 85%….
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Greenly launches EcoPilot to streamline carbon accounting for companies. The platform automates data processing and integrates emission modelling features to aid sustainability efforts. Reports comply with major frameworks, enhancing companies’ climate strategies through advanced AI and language models….
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LEGO Group aims to phase out natural gas to cut emissions. The company targets net zero emissions by 2050 and a 37% reduction by 2032. Key projects include geothermal energy in Hungary, district heating in Denmark, and heat reuse in China….
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Europe’s digital independence depends on its physical foundations. Fredrik Jansson, Chief Strategy and Marketing & Communications Officer at atNorth, explores how strategic investment in sustainable, well-located data centres can strengthen resilience, protect sovereignty, and power the continent’s next phase of AI-driven growth.
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Rachel Reeves has admitted both tax rises and spending cuts are being considered. The chancellor told Sky News she was “looking at tax and spending as well,” confirming for the first time that both options are on the table as she works to address the UK’s growing fiscal gap.
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UK employers face higher fees for hiring skilled migrant workers. The Home Office will enforce new English language requirements and increase employer fees by 32% to fund local training. Immigration rules aim to reduce net migration and improve integration.
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The latest UK labour market figures suggest a turning point. Early signs of stabilisation appear as job losses slow and payrolled employment edges higher. Yet beneath the surface, record numbers remain out of work due to long-term sickness — a drag that continues to shape the workforce and the wider economy.