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date
19/06/2025
According to reports, Allianz SE has notified its UK insurance division employees of plans to cut 650 jobs due to increasingly tough market conditions. The affected positions are reported to come from its commercial, professional, and personal insurance businesses. The company currently employs around 4,200 staff across its various brands in the UK.
Latest
2 m ago
Federal Reserve Chairman Powell: Policies are in good shape. We are prepared for evolving developments. We cannot assume that inflation will simply rise as predicted and then fall back.
2 m ago
Federal Reserve Chairman Powell: The cooling of core service prices helps to cool inflation. Maintaining the status quo is appropriate as we learn more about the situation.
3 m ago
Federal Reserve Chairman Powell: Starting to see some impacts from tariffs, expecting more in the coming months. Many companies are expecting to pass on some or all of the tariff impacts to consumers in the end.
3 m ago
Federal Reserve Chairman Powell: The transmission of tariffs to consumers takes some time.
3 m ago
Federal Reserve Chairman Powell: There have been three months of positive inflation data, which is good news. Core services inflation has been gradually decreasing. Our goods inflation has started to rise, and we expect to see more increases in the summer. We anticipate more goods inflation this summer.
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