UK petrol and diesel prices fall after weeks of rises

BBC The rise in Tube fares was part of a funding deal with the government The cost of travelling on the London Underground, the Overground and the Elizabeth line is set to rise by 5.8% next year, the mayor of London has confirmed. The increase is 1% above the rate of inflation and will come…

US Treasury Secretary Scott Bessent said his risky US gamble on Argentina’s currency has paid off. Bessent said American financial support had been repaid and the US no longer held any Argentine pesos in its exchange stabilisation fund. The US had purchased the then-plunging currency last year in an effort to stave off further turmoil…

The government is facing a bigger-than-expected hole in the public finances as it prepares for next month’s Budget. A downgrade to the UK’s productivity performance from the government’s official forecaster could lead to the chancellor facing a £20bn gap in meeting her tax and spending rules, the BBC understands. Rachel Reeves has confirmed both tax…

“Foreign workers play a very important role when it comes to Spain’s macroeconomic success: the growth of its GDP, its strong and resilient labour market,” Elma Saiz, Minister for Inclusion, Social Security and Immigration, tells the BBC. She underlines that, of the country’s 22 million registered workers, 14.1% are foreigners.