Economists and diplomats are cautioning that Keir Starmer's growth plan for the UK will not succeed without access to EU markets. They suggest that a Labour government led by Starmer would need to rejoin the customs union to fulfill the party's manifesto promises. A recent poll by Opinium for the Observer reveals that 56% of voters believe Brexit has had a negative impact on the UK economy, while only 12% think it has been beneficial. This highlights the importance of re-establishing ties with the EU to maximize economic growth.

Business activity in the Eurozone has increased as expected, with the European Central Bank (ECB) likely to announce a 25-basis point cut to the main lending rate. Data from the latest HCOB purchasing managers' index (PMI) shows that private sector output in most Eurozone economies expanded at the fastest rate in a year in May. Growth in Germany, Italy, and Spain outweighed a slight downturn in France, leading to overall positive business activity across the Eurozone. Inflation also cooled during this period, providing further support for the anticipated interest rate cuts by the ECB.

Leo Varadkar: Irish Prime Minister Unexpectedly Quits A Surprising Resignation Leo Varadkar, the Irish Prime Minister, has made an unexpected announcement, revealing his decision to step down from his position. This surprising move has sparked widespread discussions and speculation about the future of Ireland’s political landscape. Varadkar’s resignation has raised questions about the reasons behind […]