Martin Arnold

7 results

French cafés and restaurants have begun to reopen after the coronavirus lockdown, helping boost business activity. Photograph: Philippe Lopez/AFP

The downturn in European business activity slowed markedly in June as restrictions to contain the coronavirus crisis were eased, according to a closel(...)

European Central Bank officials have held high-level talks with counterparts in Brussels about creating a euro zone bad bank to remove billions of eur(...)

Christine Lagarde, president of the European Central Bank, says Sweden’s monetary policy reversal does not mean that the ECB will follow suit. Photograph: John Thys/AFP/Getty Images.

It is the biggest monetary policy experiment of modern times. One that has divided economists, central bankers and politicians. But now that Sweden ha(...)

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is sputtering.

Germany’s sprawling industrial sector is suffering its steepest downturn for a decade, underlining how the engine of the eurozone’s biggest economy is(...)

German chancellor Angela Merkel and vice-chancellor and finance minister Olaf Scholz attending a cabinet meeting in Berlin, Germany. Photograph: Reuters

Almost 60 per cent of German banks are charging negative interest rates on the deposits of corporate clients, and more than 20 per cent are doing the (...)

Standard Life Aberdeen said it would take a £40 million charge against intangible assets related to the contract with Lloyds. Photograph: Reuters

A central pillar supporting last year’s £11 billion (€12.4 billion) takeover of Aberdeen Asset Management by Standard Life crumbled on Thursday after (...)

Royal Bank of Scotland faces renewed concerns about its capital position and may have to sell more assets after setting aside more than £3 billion to (...)