Octopus submits last-minute bid for electricity supplier Bulb
Octopus Energy has made a last-minute entry in a three-way race to buy collapsed electricity and gas supplier Bulb, according...
News
ECB takes hawkish turn to counter record-high inflation
The European Central Bank has paved the way for a series of rate rises, starting with a quarter-percentage point move in...
UK growth set to be worst in G20 apart from Russia, OECD warns
Economic growth in the UK will grind to a halt next year with only Russia, hobbled by western sanctions, performing...
Ukraine’s Zelenskyy says stalemate with Russia ‘not an option’
Ukrainian president Volodymyr Zelensky said a stalemate in the war with Russia was “not an option for us” as he...
Boris Johnson faces vote of no confidence in his leadership
Boris Johnson is facing a vote of no confidence in his leadership on Monday evening in a dramatic escalation of...
Ukraine hits back at Macron’s warning against ‘humiliating’ Putin
Volodymyr Zelensky’s chief of staff on Sunday hit back at remarks by Emmanuel Macron in which the French president said...
Ukraine warns that only lifting Black Sea blockade can avert global food crisis
Ukraine has warned that the world faces a critical food shortage unless Russia lifts its Black Sea port blockade, as...
US economy posts solid jobs growth despite tight labour market
The US economy registered another month of solid jobs growth in May, despite employers grappling with a historically tight labour...
Opec agrees to accelerate oil production following US pressure
Opec and its allies on Thursday agreed to accelerate oil production in July and August, as the cartel’s linchpin Saudi...
DWS chief resigns after police raid over greenwashing claims
The chief executive of Germany’s top asset management firm DWS Group has resigned after the company’s offices were raided by...
Eurozone inflation hits record 8.1%
Eurozone inflation rose faster than expected in the year to May, setting a new record for the single currency bloc...
Oil price breaches $120 a barrel on supply concerns
Oil rose higher than $120 a barrel on Monday as tightness in refined fuel markets and concern over supplies from...
UK admits it has no idea how much tax is being evaded through offshore assets
The UK tax authority has admitted it has no idea how much tax is being evaded by UK residents holding...
EY explores IPO or partial sale of global advisory business
EY is exploring a public listing or partial sale of its global advisory business as part of the most radical...
Sunak says household support will have ‘minimal impact’ on UK inflation
UK chancellor Rishi Sunak said his latest package of support for UK households will have a “minimal impact” on inflation...
Live news: UK introduces 25% energy windfall tax after months of indecision
Boeing’s Starliner space capsule returned to Earth on Wednesday after docking successfully at the International Space Station in a much-needed...
Boris Johnson must ‘bear responsibility’ for partygate, report says
Boris Johnson must “bear responsibility” for the culture in Downing Street during the pandemic that allowed repeated breaking of Covid...
UK professional services firms seek exemptions to ban on Russia work
Auditors and tax advisers in the UK are lobbying the government for exemptions from a ban on working for businesses...
Biden pledges to defend Taiwan militarily if China invades
US president Joe Biden has pledged to defend Taiwan militarily if China were to invade in remarks made during his...
German finance minister urges EU to rein in public spending
The EU’s decision to suspend its deficit and debt rules for an extra year is not an excuse for member...
China seeks more island security pacts to boost clout in Pacific
China is intensifying its drive for influence in the Pacific by negotiating security deals with two additional island nations following...
