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European Politics & Markets news from the last 24 hours, AI-curated by PiQ Markets

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UK approves Eli Lilly's weight-loss pill; EU access lags

The UK's medicines regulator has approved Eli Lilly's oral weight-loss drug Foundayo, marking the first European license for the medication. Access in the EU is not expected until next year, while a decision on NHS coverage in the UK is due in November.

Created at 10 Aug · 4:06 PM

Lebanon indicts ex-central bank governor Salameh over new alleged financial crimes

A Lebanese judge indicted former central bank governor Riad Salameh and ex-Bank Audi head Samir Hanna for financial crimes including embezzlement and illicit enrichment. This marks an expansion of investigations into the private sector.

Created at 10 Aug · 1:38 PM

Ofcom investigates GB News over guest’s pride and paedophilia remarks

UK media regulator Ofcom is investigating GB News after a guest, Caroline Farrow, appeared to link pride parades with bestiality and paedophilia. The remarks generated over 12,000 complaints, a potential record for the channel, and were challenged by the show's presenter.

Created at 10 Aug · 2:16 PM

Andy Burnham's popularity surges, Nigel Farage's tanks, poll finds

New polling shows Andy Burnham's approval ratings jumped 12 points in July, making him the most positively received figure in UK politics. Nigel Farage's ratings dropped by a similar amount, while Reform UK remains the most popular party.

Created at 10 Aug · 1:41 PM

FCA offers dedicated support to five UK financial scale-ups

The UK's Financial Conduct Authority (FCA) has launched a new initiative to provide dedicated regulatory support to five fast-growing financial scale-ups. Zilch, Clearscore, Modulr, Teya, and Urban Jungle will receive a dedicated FCA contact to assist with growth, new product launches, and evolving regulatory landscapes.

Created at 10 Aug · 12:56 PM

Meloni, Frederiksen Unite on Immigration Policy

Italian Prime Minister Giorgia Meloni and Danish Prime Minister Mette Frederiksen have jointly advocated for stricter immigration policies, emphasizing the need to combat "uncontrolled immigration" and protect Europe's cultural heritage. The call follows a surge of migrants into the Spanish exclave of Ceuta.

Created at 10 Aug · 12:36 PM

EU conservative chief urges migrant return hubs in Africa

European People's Party leader Manfred Weber called for the swift establishment of migrant return hubs in Africa, citing the recent surge of tens of thousands of migrants into the Spanish exclave of Ceuta. He proposed closer trade ties and legal migration opportunities for countries hosting these hubs in exchange for accepting migrants without the right to remain in Europe.

Created at 10 Aug · 9:51 AM

AfD leads in eastern German polls amid economic discontent

The far-right Alternative for Germany (AfD) is leading in polls in eastern German states ahead of regional elections, fueled by a sense of economic disadvantage and neglect. Despite economists' warnings that AfD policies would harm the region, the party taps into local concerns about jobs and incomes.

Created at 10 Aug · 8:17 AM

Revolut Secures French Banking Licence for EU Expansion

updated 10 Aug · 3:51 PM

Revolut has obtained a full banking license from the European Central Bank and French regulators, enabling its European arm to expand services and products across the EU, starting with France.

Created at 10 Aug · 7:41 AM
2 events
Developments (2)
  • 10 Aug · 7:40 AM · City AM

    Revolut has secured a new full-fat banking licence from the European Central Bank, enabling its European arm to expand across the continent.

  • 10 Aug · 3:50 PM · CoinGape

    Revolut has secured a French banking license, enabling tailored products and customer migration to its French entity.

Holiday Affordability Improves Across Europe, But Disparities Remain

The proportion of Europeans unable to afford a week-long holiday has significantly decreased, falling to 27.5% in 2025 from 35.2% in 2015. However, five countries, including Germany and three Nordic nations, saw an increase in this share, highlighting persistent economic disparities.

Created at 10 Aug · 8:31 AM

Victorian Liberals promise weekly red bin garbage collections

The Victorian Liberals have pledged to reinstate weekly garbage collections if they win the upcoming state election, with leader Jess Wilson criticizing the current fortnightly system as "disgusting" and overflowing.

Created at 10 Aug · 6:06 AM

Comedian Count Binface challenges Nigel Farage in UK special election

Count Binface, a satirical candidate known for wearing a garbage can on his head, is running in a UK special election against Nigel Farage. Binface, whose real identity is comedian Jon Harvey, aims to offer an alternative to traditional politicians.

Created at 10 Aug · 4:16 AM

Meloni toughens stance on migration amid challenge from far-right rival

Italian Prime Minister Giorgia Meloni is hardening her rhetoric on migration and security, reverting to her far-right roots to counter a growing challenge from rival Roberto Vannacci. This shift aims to secure her core electorate ahead of next year's elections.

Created at 10 Aug · 2:21 AM

UK government invests £65m in EV firms amid mandate backlash

The UK government is injecting £65 million into electric vehicle manufacturers to boost production, despite ongoing industry concerns and political debate surrounding the 2030 ban on new petrol and diesel car sales. The investment aims to support jobs and reindustrialisation.

Created at 9 Aug · 11:11 PM

UK employment red tape faces calls for cuts amid rising job seeker numbers

The UK government is facing pressure to reduce employment regulations as the number of job seekers has increased for 41 consecutive months, while available jobs have declined for 22 months. Employers are reportedly slowing hiring plans due to rising costs and recent changes to employment law.

Created at 9 Aug · 11:11 PM

UK seeks deeper EU ties under Labour, new minister says

A new UK chief negotiator for EU relations stated that the Labour government under Andy Burnham aims for a more ambitious relationship with the European Union, focusing on areas like services and youth mobility, while respecting existing red lines.

Created at 9 Aug · 6:16 PM

London Mayor stops Westminster Council's ban on new Soho pubs and restaurants

updated 10 Aug · 4:10 AM

London Mayor Sadiq Khan has intervened to prevent Westminster Council from implementing a policy that would have banned new pubs and restaurants in Soho and the West End. Khan cited economic and cultural harm, using new powers to override the council's proposal.

Created at 9 Aug · 5:11 PM
2 events
Developments (2)
  • 9 Aug · 5:10 PM · The Guardian

    London Mayor Sadiq Khan has intervened to stop Westminster council's proposed ban on new pubs and restaurants in Soho and the West End.

  • 10 Aug · 4:10 AM · Sky News · Politics

    Westminster Council is urged to rethink proposed curbs on West End nightlife, following intervention by Mayor Sadiq Khan.