U.K. government borrowing costs have fallen after Sir Keir Starmer blocked leadership rival Andy Burnham from standing as an MP, The Telegraph reported. The yield on benchmark 10-year gilts, as U.K. government bonds are known, fell as low as 4.47pc early on Monday, compared to a high of 4.51pc on Friday in the wake of the Gorton and Denton by-election announcement. Labour’s ruling National Executive Committee (NEC) blocked Mr Burnham from standing in the by-election by eight votes to one on Sunday, quashing an imminent threat to the Prime Minister’s leadership.
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Resources Per Country
- Albania
- Austria
- Belarus
- Belgium
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Gibraltar
- Greece
- Guernsey
- Hungary
- Iceland
- Ireland
- Isle of Man
- Italy
- Jersey
- Kosovo
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Macedonia
- Malta
- Moldova
- Monaco
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- San Marino
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
- Vatican City
Germany's net borrowing in 2025 came in well below the level set out in its budget plan, helped by lower-than-expected spending and higher-than-expected revenues, the finance ministry said on Friday, Reuters reported. This was the nation's first annual budget since sweeping reforms to loosen fiscal rules were passed in March last year, securing record investments to revive the economy while committing to an increase in defence spending.
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Gravaa, the company behind an innovative on-board tire inflator, has declared bankruptcy, citing low sales during the current challenging market conditions for the bicycle industry, PinkBike reported. The Dutch company's product utilized a hub-based pump that can inflate or deflate the tires repeatedly via a tube connecting the pump to the valve.
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A council has approved a decision to write off more than £100,000 of "unrecoverable" debt, BBC.com reported. Members of South Holland District Council's cabinet heard at a meeting on Tuesday there was a total of £114,957.44 uncollectable debt, made up of both council tax and business rates. Councillor Paul Regdate, the portfolio holder for finance, said there was "no realistic prospect of recovery" and the council had "exhausted" enforcement options. The councillor said over half of the debt related to insolvency cases.
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Russia’s defense institute NIISSU is in severe financial distress even as it continues work on “Sword,” a sophisticated command-and-control system for China’s People’s Liberation Army, United24 Media reported. NIISSU is one of the key enterprises in Russia’s military-industrial complex, specializing in automated command-and-control systems. Its developments are used in several countries allied with Russia. The institute’s most well-known project is the so-called “Sword,” which drew widespread attention after a major leak of internal documents online last year.
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The value of the U.S. Treasuries held by Dutch pension fund ABP, Europe's largest, dropped steeply from the end of 2024 to September last year, another sign that major European investors have grown more cautious around holding U.S. assets, Reuters reported. The market value of ABP's U.S. Treasury holdings dropped to nearly 19 billion euros ($22 billion) last September from 29 billion euros in December 2024, according to statements outlining its investments.
That covers the second quarter of 2025, when U.S. President Donald Trump's sweeping "Liberation Day" tariffs hit U.S. assets.
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The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters, CNBC reported. The inflation rate had cooled sharply to 3.2% in the 12 months of November, with the data encouraging the Bank of England to cut interest rates at its final meeting of the year last month. Core inflation, excluding energy, food, alcohol and tobacco, stood at 3.2% in December, unchanged from November, according to the latest figures from the Office for National Statistics.
Orbex’s Danish subsidiary, Orbital Express Launch ApS, is set to file for bankruptcy, with its facilities officially closing on 20 January and approximately 90 employees losing their jobs, European Spaceflight reported. U.K.-based Orbital Express Launch (Orbex) established its business in Denmark in October 2016. According to the company, its Copenhagen-based business carried out work in propulsion, testing, software, avionics and business services.
Air Antilles, a regional French airline serving the Caribbean islands, has officially filed for bankruptcy protection (cessation de paiements) at the Pointe‑à‑Pitre mixed commercial court in Guadeloupe, after failing to meet financial obligations, Aeromorning reported. In an internal letter to employees dated Friday, Jan. 16, 2026, Louis Mussington, Chairman of Air Antilles’ board of directors (and President of the Territorial Authority of Saint‑Martin), announced the filing of the cessation de paiements declaration.
The Ångermanland District Court has approved Cinis Fertilizer AB’s previously submitted bankruptcy application, placing both the parent company and its subsidiary Cinis Sweden AB into bankruptcy proceedings and appointing lawyer Johan Klåvus of Trägårdh Advokatbyrå in Malmö as bankruptcy administrator, TipRanks reported.