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Politics and regulation
A recent investigation by the Institute of the German Economy (IW) indicates that only 37 percent of a birth cohort retires at the standard age, while the majority opts for early retirement. This trend has persisted into 2025, sparking debate within the governing coalition regarding potential reforms to restrict these options.
Politics and regulation
Spain's Social Security affiliation reached a historic high of over 22.6 million workers in October, fueled by the regularization process for migrants which added nearly half a million new affiliates since April. While registered unemployment rose by 43,100 people to 2.4 million, officials attribute this increase partly to administrative transitions as regularized individuals enter the formal labor market.
Politics and regulation
A major supplier to Poundland has warned it could lose millions if the retailer enters administration, while other smaller suppliers fear total insolvency. The crisis follows owner Gordon Brothers' rejection of a rescue bid, citing economic challenges and shoplifting, prompting urgent government intervention.
Markets and investing
London shares rose modestly on Wednesday after the FTSE 100’s previous-session decline, with gains limited by caution ahead of Thursday’s expected Bank of England rate decision.