General overview Eurozone Annual inflation is expected to be 2.6% in May 2024, up from 2.4% in April, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of eurozone inflation, services are expected to have the highest annual rate in May (4.1%, compared to 3.7% … Read more
Unlock Editor’s Roundup for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Eurozone inflation rose for the first time this year, adding to concerns about how slowly the European Central Bank will cut interest rates if price pressures remain high. The 2.6 percent rise in consumer prices across … Read more
Homebuyers are facing “a massive change” in property prices from this weekend as they will no longer benefit from the MDR. The MDR is a bulk purchase relief from Stamp Duty Land Tax (SDLT) that applies to the purchase of two or more dwellings. Stamp duty bills could double from this weekend as those buying … Read more
Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s travel email A couple cut short their three-week five-star holiday at a £2,700 beach resort because they couldn’t stand the stench of sewage in their room and had to walk nearly an hour in the scorching heat to … Read more
Cornwall Council has said that Truro’s Moorfield car park, which closed its upper floors last week following an inspection, has reached the end of its “design life” and that remedial work is needed to extend its life. unlikely to be financially feasible or sustainable. The ground floor and exterior sections of the 680-space parking lot … Read more
Unlock Editor’s Roundup for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is head of European gas prices at Argus Media The European gas market has proved far more resilient to the major political and security challenges it has faced since the full-scale invasion of Ukraine … Read more
Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s travel email A woman has turned an abandoned ‘one euro’ Italian house into a £384,000 dream home – with a bathroom, outdoor kitchen and wine cellar. Meredith Tabbone, 45, decided to bid on a €1 house for a … Read more
The world has enough fossil fuel projects planned to meet global energy demand projections until 2050 and governments should stop issuing new oil, gas and coal licences, according to a major study aimed at political leaders. If governments implement the changes promised to keep the world from breaching its climate targets, no new fossil fuel … Read more
A man who died tragically at a major international airport is believed to have deliberately boarded the plane’s engine, police have revealed. The airport worker was killed in a horror incident at Schiphol Airport in Amsterdam yesterday afternoon. The individual, a male employee, is said to have boarded the jet engine of a KLM Cityhopper … Read more
Married fraudsters who racked up huge restaurant bills and got away without paying during a shocking ‘lunch and ram’ spree have been jailed. Bernard McDonagh, 41, and Ann McDonagh, 39, were known to eat lavish three-course meals, including T-bone steaks, for their family, often leaving the food uneaten. Swansea Crown Court heard the pair, operating … Read more