Bloomberg Spain must make further efforts to reduce long-term unemployment and continue its budgetary adjustment process, the International Monetary Fund said, while noting that the nation’s economic recovery remains robust. In its concluding statement after its assessment of the country’s economic performance, the Washington-based institution said Spain witnessed an “impressive recovery” helped by reforms, fiscal loosening and the European ...

  Bloomberg UK plans to generate power by building a 1.3 billion pound ($1.7 billion) tidal lagoon off the South Wales coast are in doubt after a government-backed body said the project could kill thousands of migratory fish. Natural Resources Wales may withhold the marine license that Tidal Lagoon Plc needs to build a 320-megawatt renewable energy project in Swansea ...

  Bloomberg UK inflation accelerated more than economists forecast in November, boosted by prices for clothing and gasoline. The jump to 1.2 percent from 0.9 percent in October means consumer prices are rising at the fastest pace since October 2014. Economists had anticipated an increase to 1.1 percent. The latest data from the Office for National Statistics also added to ...