Ryanair chief warns fares will rise for 5 years because flying is ‘too cheap’
Ryanair boss Michael O’Leary, the pioneer of low-cost travel in Europe, has warned fares will rise for the next five...
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UK trade performance falls to worst level on record in first quarter
The UK’s trade performance fell to its worst level since records began in the first quarter of 2022, heaping more...
UK to suffer high inflation longer than other nations, warns Bailey
The governor of the Bank of England warned on Wednesday that Britain’s economy is suffering more from the energy crisis...
Finland and Sweden poised to join Nato after Turkey drops veto
Turkey has dropped its opposition to Finland and Sweden becoming members of Nato, paving the way for the Nordic countries...
G7 ready to explore caps on energy prices to curb Russian revenues
Emmanuel Macron wants to see a drive for higher oil production around the world as the French president seeks ways...
G7 aims to hurt Russia with price cap on oil exports
G7 leaders meeting for a summit in the Bavarian Alps on Sunday are seeking a deal to impose a “price...
Abortion battle shifts to US Congress and midterm elections
The battle over abortion rights in the US shifted rapidly to Congress and the midterm elections after the Supreme Court...
US Supreme Court overturns Roe vs Wade in major blow to abortion rights
The US Supreme Court has struck down Roe vs Wade, the legal decision that has enshrined the constitutional right to...
EU leaders grant Ukraine and Moldova candidate member status
EU leaders agreed at a summit on Thursday to make Ukraine and Moldova candidates to join the bloc, a historic...
Rail chief threatens to go over union’s head on UK strikes
The second of three one-day rail strikes across Britain will go ahead on Thursday, the union at the heart of...
UK rail bosses push for job cuts as strike talks resume
Large parts of Britain have ground to a halt after the biggest strike to hit the country’s railways in 30...
UK rail strike set to begin after failure of last-ditch talks
Strikes will spread across the UK unless the government acts on its promise to create a high wage economy, the...
Emmanuel Macron on course to lose majority in French assembly
President Emmanuel Macron was on course to lose his majority in France’s National Assembly on Sunday night, after a strong...
Fed official supports 0.75 percentage point rate rise in July
A top US Federal Reserve official expressed early support for another 0.75 percentage point interest rate rise at the central...
Stocks suffer steepest weekly fall since onset of pandemic
Shares in Asia followed Wall Street lower after the UK and Switzerland raised interest rates, adding to concerns that tighter...
US stocks sink after UK and Switzerland follow Fed in raising rates
Stock markets and eurozone bond prices dropped on Thursday after Switzerland delivered an unexpected interest rate rise, following a sharp...
Fed raises benchmark rate by 0.75 percentage point to tame inflation
The Federal Reserve is set to embrace an increasingly aggressive approach to monetary policy tightening as it confronts the highest...
Coinbase to cut almost a fifth of staff as crypto crunch worsens
Crypto exchange Coinbase plans to cut almost a fifth of its workforce, in the latest sign of the chill descending...
Johnson pushes ahead with UK law to rip up N Ireland protocol
Brussels is to launch legal action against the UK as early as Monday, on the publication of draft legislation to...
Tory MPs attack Johnson over plan to rip up N Ireland Brexit deal
Boris Johnson has been accused by Tory MPs of “damaging the UK and everything the Conservatives stand for” as he...
US pledges to maintain military capacity to defend Taiwan
US defence secretary Lloyd Austin accused China of stepping up coercive behaviour towards Taiwan as he stressed that Washington would...
