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Michele Schneider

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european markets rise as uk business confidence hits new low

European markets opened higher on Monday, with the Stoxx 600 index up 0.29%. However, confidence among British firms has plummeted to its lowest since the 2022 "mini-budget" crisis, with 63% citing tax concerns. Meanwhile, Volkswagen and Xpeng Motors announced an expansion of their partnership to create a vast electric vehicle charging network in China.
CNBC
British Pound Sterling Volkswagen AG GBR DEU CHN Amala Balakrishner Michele Schneider Rachel Reeves Shevaun Haviland Show more
Finance & Economy, Market Report
06:42 06.01.2025
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