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22.11.2021
The Czech crown will perform better during the inflation than other comparable currencies
The assessment of the expected development of inflation in the world is shifting from the word „transient“ to the word „permanent“, which increases the probability of a significant shift in basic income. In such a scenario, developing country currencies are less likely to escape inflation.
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United Kingdom
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28.10.2021
The confidence in the Czech economy fell in October
The confidence in the Czech economy fell by 0.9 points to 95.3 points in October, declining for the fourth month in a row. The reason seems to be the situation in the automotive industry.
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United Kingdom
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27.10.2021
The Britain will ban the sale of gas boilers
Prime Minister Boris Johnson confirmed ban on all new gas boilers by 2035. Instead, the London government will offer households £5,000 in support to move to more "green" resources. However, these alternatives are significantly more expensive and environmental organizations warn that poorer...
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United Kingdom
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20.10.2021
Britain's Tesco opened checkout-free store in London
Tesco opened its first checkout-free store, giving customers the opportunity to shop and pay without scanning a product or using a checkout in London.
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United Kingdom
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18.10.2021
The Irish Aer Lingus restored flights between Prague and Dublin
Aer Lingus has been flying again between Prague's Václav Havel Airport and Dublin Airport since October 15th. According to the Letiště Praha Airport Company, the route is operated on Tuesdays, Fridays and Sundays.
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United Kingdom
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11.10.2021
Retail revenues in Czech Republic increased by 5.1 percent in August, helped by e-shops
Unadjusted retail revenues up 5.1 percent in August. Internet sales and sales of household products contributed the most to the growth of retail revenues.
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United Kingdom
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01.10.2021
Home prices in Britain continue to rise, but at a slower pace than expected
Economists expected a slowdown, but they expected it to be more moderate and price growth to reach 10.7 percent.
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United Kingdom
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30.09.2021
The Czech economy grew by 8.1 percent year-on-year in Q2
According to the Czech Statistical Office (CZSO), the Czech economy grew by 8.1 percent in the second quarter and by 1 percent quarter-on-quarter compared to the same period last year. A previous estimate from the end of August indicated a year-on-year increase in gross domestic product by 8.2...
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United Kingdom
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30.09.2021
The revenues of the CZG holding increased by more than 40 percent year-on-year
Holding CZG - Ceska zbrojovka Group SE reported revenues of 4.7 billion Czech crowns in the first half of this year. This is a year-on-year increase by 40.6 percent. From January to June, net-profit amounted to 587.9 million Czech crowns, which represents an increase by 54 percent compared to the...
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United Kingdom
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29.09.2021
Czech government approved draft budget despite CSSD opposition
Despite the disapproval of the CSSD, the government has approved a draft budget with a deficit of almost 380 billion.
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United Kingdom
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