Eshe Nelson

“The disinflationary process is well on track,” Christine Lagarde, the president of the central bank, said at a news conference in Ljubljana, Slovenia.

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Rachel Reeves, the new finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

Rachel Reeves, the new finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.

As Donald Trump’s second term begins, major U.S. financial institutions, including JPMorgan, Goldman Sachs and BlackRock, have exited climate action networks, citing legal and political pressures.

Large American banks and money managers still have to meet climate-risk demands in Europe, where they have substantial client bases.