Switzerland appears, at first glance, to be an ideal country in which to measure wealth inequality. It levies an annual personal wealth tax, producing unusually rich tax data. Yet those tax records miss a large share of household wealth. A recent CES ifo paper estimates that roughly half of Swiss private wealth is absent from […]
Swiss voters look set to reject neutrality and food initiatives
A clear majority of Swiss voters oppose both initiatives due to be put to a referendum on September 27, according to the second poll conducted by gfs.bern for the Swiss Broadcasting Corporation (SBC). More than 60% now say they intend to reject the neutrality and food-security proposals. Support for the two initiatives has fallen sharply […]
Diesel prices hit record high in Switzerland
Diesel prices in Switzerland have risen to a record high. A litre now costs an average of CHF 2.41 nationwide, according to the Touring Club Switzerland (TCS), surpassing the previous peak reached in 2022. Since the begining of the year the price has risen 35% from CHF 1.78 a litre. Petrol prices are also climbing. […]
Revolut moves to secure a Swiss banking licence
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 (Finma) for a banking […]
Swiss rail travel hits all time high
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 mainly by more journeys rather than […]
A quarter of Swiss buildings now have heat pumps
Switzerland’s housing stock is becoming greener. In 2025 one in four residential buildings was equipped with a heat pump, six times the share in 2000. Among homes built over the past decade, the technology is already dominant: three-quarters use one. Yet oil and gas still heat half of the country’s 1.8m residential buildings. The figures, […]
What is going wrong in Swiss schools?
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 in […]
Geneva’s ban on religious symbols faces legal challenge
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 conspicuous religious symbols, such as headscarves, kippahs and crosses. Voters approved the measure […]
Swiss housing acutely scarce again
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 of vacant […]
Support for an immigration levy grows in Bern
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 Parliament’s debate over Switzerland’s new package of […]
