Bloomberg UK inflation slowed to just a quarter of the Bank of England’s (BOE) target in May, boosting the case for policy makers to add to their stimulus plan at their meeting this week. Consumer prices increased just 0.5% from a year earlier, the weakest since 2016, amid falling prices of auto fuel and recreational goods. The core rate, which ...

Bloomberg Prime Minister Justin Trudeau’s plan to help Canada’s small businesses pay their rent is off to a slow start, with some landlords hesitant to sign up and others bogged down by red tape. The federal government said earlier this month landlords had applied for only C$90 million ($66 million) from a rent assistance fund on behalf of about 26,000 ...

Bloomberg A tunnel intended to connect Finland and Estonia faces a delay of up to seven years after Finnish policy makers picked a route opposed by the developer. The Helsinki-Uusimaa Regional Council’s assembly voted to route the project under the capital and not Espoo, the adjacent city. Finnish entrepreneur Peter Vesterbacka, formerly of Rovio Entertainment Oyj, plans to appeal the ...