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Revolut already has 1.3m customers in Switzerland. Now it wants a Swiss banking licence. Why? A new force may soon emerge in Swiss banking—though it is hardly a newcomer. Revolut, a British fintech firm, already has 1.3m customers in Switzerland. The firm has applied to the Swiss Financial Market Supervisory Authority
Switzerland may one day charge employers an “entry fee” for recruiting workers from the European Union. The idea, long dismissed as anti-business and potentially incompatible with the country’s agreements with Brussels, is gaining support in Parliament. The Federal Council now backs it too. The proposal forms part of P
This week, a 58.4MW battery-storage plant has opened in Gurtnellen, in the canton of Uri, reported Axpo. It is the largest of its kind in Switzerland, though probably not for long. What is it? Switzerland’s biggest battery-storage facility has been connected to the grid in Gurtnellen. The project was developed jointly
Switzerland travelled by train more than ever in 2025. Passengers covered almost 24bn passenger-kilometres, a third consecutive annual record, according to federal data. That was 3% more than in 2024 and confirms the recovery in rail travel since its sharp fall during the covid-19 pandemic. The increase was driven main
Switzerland still has one of the stronger school systems in the rich world. Its 15-year-olds score above the OECD average in PISA. But the ranking conceals a less reassuring trend: Swiss pupils are getting worse at some of the basic things schools are meant to teach. In the latest results Switzerland scored 499 points
A narrowly approved constitutional amendment bars parliamentarians from wearing conspicuous religious symbols. Opponents say it breaches fundamental rights. Geneva’s attempt to keep religion out of politics is heading to court. A constitutional amendment bars members of cantonal and municipal parliaments from wearing c
Each autumn Switzerland’s cattle leave their high pastures for the valleys. The journey, known as a désalpe in French-speaking Switzerland and an Alpabzug in German-speaking areas, has become one of the country’s most photogenic rural traditions. Here is what it is, where it came from and where to see one in 2026. Autu
Switzerland’s housing market tightened further in 2026 to reach a vacancy rate below 1% for the first time since 2013. On June 1st, 45,493 homes stood empty, according to the Federal Statistical Office (FSO), equivalent to 0.93% of the housing stock. That was 0.07 percentage points lower than a year earlier. The number
On September 27th voters in Vaud will decide whether to cut cantonal income and wealth taxes by 12%. Business groups say the measure would ease the tax burden and bolster purchasing power. The cantonal government, left-wing parties and trade unions warn that it would blow a hole in the public finances. The initiative i
11 September 2026 PRESSURE **** It’s just weeks before D-Day in June 1944, and we are in England, privy to the intensive plans and preparations for that crucial day. That is the incredible pressure, but there is also another pressure – that of the weather. For this film is about the important calculations involved in [
Swiss households will get some relief from high electricity bills next year. Prices in the regulated basic-supply market will fall by a median 4% in 2027, according to ElCom, the federal electricity regulator. A typical household consuming 4,500kWh a year will pay about CHF 1,194, CHF 53 less than in 2026. The decline
Switzerland has endured its hottest summer since records began 162 years ago in 1864. Between June and August 2026 the national average temperature reached 17.2°C, MeteoSwiss said on Thursday, 0.4°C above the previous record set in 2003. The summer average was also 3.4°C above the 1991-2020 norm. The heat was especiall
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