EconomyFeaturedUK inflation rate hits 40-year high at 9.1%IFM CorrespondentJune 24, 2022 by IFM CorrespondentJune 24, 2022 The Office for National Statistics said that consumer price inflation rose slightly from 9% in April.... Read more
BankingFeaturedUkraine raises its interest rate to 25%, the highest in EuropeIFM CorrespondentJune 7, 2022 by IFM CorrespondentJune 7, 2022 Ukraine's economy could contract by up to 45% in 2022.... Read more
AviationFeaturedAirlines across globe may drop mandatory mask ruleIFM CorrespondentMarch 29, 2022 by IFM CorrespondentMarch 29, 2022 Airlines in the Netherlands led by KLM are dropping the mask rule for passengers.... Read more
EconomyMagazineImpact of Covid-19 on the European Union EconomyIFM CorrespondentMarch 21, 2022June 7, 2022 by IFM CorrespondentMarch 21, 2022June 7, 2022 IMF predicted that the Eurozone public deficit reached a new high of 10.1% of GDP in 2020... Read more
BankingFeaturedRevolut Bank granted full banking licence in Lithuania by ECBIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The bank has been operating with a specialised European Union (EU) banking licence since 2018... Read more
FeaturedFintechOpen Banking payments platform Noda Pay announces official launchIFM CorrespondentDecember 15, 2021 by IFM CorrespondentDecember 15, 2021 Noda Pay is now available in the UK as well as the EU... Read more
AviationFeaturedUK carriers ask the government for financial support and testing certaintyIFM CorrespondentDecember 13, 2021 by IFM CorrespondentDecember 13, 2021 CEOs of major carriers have written to the UK Prime Minister Boris Johnson... Read more
EconomyMagazineFive years since Brexit, and it’s still not overIFM CorrespondentDecember 10, 2021December 10, 2021 by IFM CorrespondentDecember 10, 2021December 10, 2021 The impact of Brexit on the UK economy will be far more disastrous in the long run compared to the pandemic.... Read more
coverstoryEnergyIndustryAre we headed for a global energy crisis?IFM CorrespondentDecember 10, 2021December 10, 2021 by IFM CorrespondentDecember 10, 2021December 10, 2021 Energy prices in Europe are soaring as supply takes a hit... Read more
BankingFeaturedDeutsche Bank rolls out Swift’s Beneficiary Account Validation (BAV) serviceIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 The new service will allow customers to verify payee account details before an international payment instruction is sent... Read more