Finance

PwC's latest report will please Prime Minister David Cameron, as it is expected the UK will overtake France as Europe's second largest economy by 2020

UK to overtake France as Europe’s second largest economy by 2020

A new PwC forecast predicts that the UK’s GDP will soon tip France’s, but also highlights a few areas in need of improvement

Despite Europe struggling to attract venture capital, cities such as London (pictured) have been able sustain levels of it thanks to low corporation taxes and the creation of various innovation schemes

Oiling Europe’s wheels: what will it take for venture capital to take off?

Despite being hailed as one of the drivers of innovation and economic growth, venture capital is lagging in Europe. What will it take for the continent to catch up with the US?

A survey by analysts ED indicates that investors are feeling much more optimistic about Europe's economic potential. According to EY's research, foreign direct investment in the continent soared to a record level in 2013

Foreign direct investment in Europe soars as optimism increases

Foreign direct investment returns to Europe after sentiment improves for struggling Eurozone economies

In a controversial move, Italy's Prime Minister Matteo Renzi has announced that the country will be including drug and prostitution sales revenues in its GDP calculation this year

Italy to include cocaine and prostitution revenue in its GDP

In order to boost output, revenue from drug trafficking, prostitution and smuggling will be factored in Italy’s GDP this year

Vodafone has reported revenue declines for the seventh straight quarter in Europe. The company has said there is an impairment in the value of its Germany, Spain, Portugal, Czech Republic and Romania branches

Vodafone announces mixed results and another revenue decline in Europe

In spite of selling off its US arm Verizon Wireless, Vodafone has reported another revenue decline in Europe

Visa and MasterCard are considering pulling out of Russia after the government authorised a new law that requires firms to pay hundreds of millions of dollars to operate in the country

Visa and MasterCard consider pulling out of Russia in wake of new law

Visa and MasterCard could be pulling out of Russia after a new law forces them to place a million-dollar deposit with authorities in an attempt to hinder US sanctions on service to Russian firms

Ska Keller: green policy can ‘absolutely’ turn around Europe’s economy | Video

European CEO interviews European Commission presidency candidate Ska Keller about how green policy has the potential to create more jobs and bolster Europe’s economy

The European Commission's latest figures indicate Europe is in recovery, though Olli Rehn, the Commissioner for Economic and Monetary Affairs, was keen to emphasise that the figures were "modest"

Europe is finally in recovery, says EC

After five difficult years, the European Commission is adamant that the region is finally in recovery. Figures certainly seem to support the claim, but how are people faring post-crisis

Christine Lagarde has announced the IMF is to give Ukraine a $17bn bailout package, contingent on the country's ability to maintain strict economic reforms for the next two years

IMF approves $17bn Ukraine bailout – further austerity looms for the country

The IMF’s two-year bailout package for Ukraine hinges on the country’s capacity to instruct politically unpopular economic reforms throughout the period

Foreign exchange: HSBC's David Bloom and Daragh Maher are keen to emphasise that there is now no longer a single model of foreign exchange - the global currency market is now made up of broad groupings

HSBC: single paradigm of forex is dead; multiple models to replace

A single unified model of foreign exchange no longer exists, with the global currency market now made up of broad groupings

The government has blocked the Royal Bank of Scotland's plans to award bonuses of up to 200 percent

RBS’ bonus plans blocked by government – 100 percent will do

The Royal Bank of Scotland has had to review remuneration plans after the UK government refused to back plans for larger bonuses, as new EU regulations come into force

Cenni di Cambiamento in Milan: Europe’s tallest residential building in a wholly wooden structure. Multiple opportunities are emerging in the field of Italian real estate investment, says Polaris Real Estate

Italian real estate brimming with investment opportunities, says Polaris

Years of economic strife have put a halt on major regeneration projects in Italy, but opportunities are emerging for global investors to help transform the country – particularly in real estate

The Watford Colosseum, a previous regeneration project in the town. With its first rate infrastructure and vibrant culture, Watford has become a major transport hub and regional economic player

Watford: an exceptional place to live, work and do business

Already a major transport hub and regional economic player in its own right, exciting new business opportunities are emerging in Watford and beyond

Italian Prime Minister Matteo Renzi: Italy has one of the worst rates for take home salary out of the G20 nations

Take home salary for top earners in the G20 nations

A recent PwC report shows the effect of the upper bracket income tax rates on take home salaries in each of the G20 nations

‘Trademark squatting’ abundant in China, says Wragge & Co director

European enterprises are missing out on business opportunities in China, owing to an inadequate understanding of the country’s legal landscape

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