Disposable income in UK to drop to its lowest since 1950s – report

Experts say that high inflation would force Britons to spend less, causing a downturn in the economy The UK is poised to enter a ‘household recession,’ as soaring prices weaken consumer confidence and force people to cut back on spending, the Confederation of British Industry (CBI), a leading business group that speaks for 190,000 UK…

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Turkey reveals position on NATO expansion for upcoming key summit

President Erdogan will tell fellow NATO leaders that his country won’t compromise on Sweden and Finland’s membership applications Ankara maintains its opposition to Sweden and Finland joining NATO, the office of Turkish President Recep Tayyip Erdogan said on Monday, a position he is expected to reiterate to NATO state leaders at the upcoming summit in Spain.

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European Commission to support Ukraine’s EU candidate status – Politico

The EU’s executive arm wants to send a “strong message” to Moscow, the news outlet claimed, citing unnamed officials The European Commission is to support giving EU candidate nation status to Ukraine, Politico reported on Monday.

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