1 min
Odesa strike puts Ukraine’s power and Black Sea infrastructure under pressure
Damage to energy assets and the port highlights the economic exposure of a city that is central to …
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Economy
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4 min
Gatwick cleared to build second runway after legal challenge rejected
The Court of Appeal has dismissed a final legal challenge to Gatwick Airport’s £2.2bn second runway plan, clearing …
3 min
Trump says «bankrupt» Britain must tap North Sea oil
Donald Trump said Britain is «bankrupt» and needs to exploit its North Sea oil reserves, while praising Prime …
4 min
Oil prices fall nearly 6% after Trump cancels Iran strikes
Brent crude fell below $83 a barrel after President Donald Trump cancelled planned strikes on Iran and said …
3 min
UK at risk of recession if Strait of Hormuz remains closed until 2027, EY warns
A new EY report warns that the UK could be pushed into recession and inflation could climb to …
3 min
UK set for 34C heat as health alerts issued across England amid drought
Heat health alerts have been issued for most of England as temperatures are set to reach 34C, with …
5 min
Britain spent its North Sea oil windfall while Norway built the world's largest wealth fund
Norway and Britain both struck North Sea oil in the 1970s. Norway saved the proceeds into a sovereign …
3 min
Healey tells ministers to prepare budget cuts to fund Burnham pledges
Chancellor John Healey and Prime Minister Andy Burnham have told ministers that no new money will be available …
4 min
Regional mayors to keep share of income tax and business rates, Burnham announces
Prime Minister Andy Burnham has announced that regional mayors will be allowed to retain a slice of income …
4 min
Mayors to Keep Share of Income Tax and Business Rates in Devolution Overhaul
Prime Minister Andy Burnham has announced that regional mayors, including London's Sadiq Khan, will retain a portion of …
5 min
Bank of England warns inflation will rise again this year as it holds interest rates
The Bank of England has kept its key interest rate at 3.75% but warned inflation could climb above …
4 min
Bank of England Expected to Hold Interest Rates at 3.75%
Economists predict the Monetary Policy Committee will vote 7-2 to keep the base rate unchanged, reflecting caution amid …
4 min
Burnham warned of tough fiscal trade-offs as think tank rules out extra borrowing
The National Institute of Economic and Social Research has warned Prime Minister Andy Burnham that his government has …
5 min
Ukrainian strikes on Wildberries force Kremlin and VTB to intervene
A wave of Ukrainian attacks on Russia's largest online retailer Wildberries has disrupted its operations, prompting the Kremlin …
5 min
Rail services in southern England set to slow as drought shrinks soil
South Western Railway is expected to join operators in eastern England in reducing train speeds and altering timetables …
5 min
Shop price inflation in UK slows to 0.9% in July
Shop price inflation in the UK eased to 0.9% in July from 1.2% in June, according to the …
5 min
Water Supply Restored at Gatwick Airport After Eight-Hour Disruption
A water outage at Gatwick Airport led to long queues and unusable toilets before supplies were fully restored …
4 min
Water supply failure leaves Gatwick passengers without working toilets
Gatwick Airport suffered a major water supply outage, forcing the closure of all toilets in both terminals. SES …
4 min
Gatwick Airport hit by major water outage leaving toilets unusable
Gatwick Airport has suffered a severe water shortage affecting both terminals, leaving passengers without running water or flushing …
4 min
Andy Burnham to give Sadiq Khan a share of income tax revenue
The new Prime Minister has announced plans to allocate a portion of income tax revenue to mayors for …