Friday

29th Mar 2024

Ticker

May benefits from Ukip collapse in London elections

In the first England-wide test of political opinion since last year's general election, UK prime minister Theresa May's Conservatives performed better in local London elections on Thursday than expected, picking up voters from Ukip, which fielded fewer candidates. Labour were performing better in places where the Remain vote was stronger in the 2016 Brexit referendum. A total 4,371 seats were up for grabs in 150 local councils.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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