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Report details how local people and firms helped Alisher Usmanov’s conceal immense wealthCyprus has received an 800-page dossier from the US government detailing sanctions breaches by local individuals and entities that are alleged to have enabled the …
Influential economist Andy Haldane says dearth of coherent strategy means Britain isn’t in the new ‘arms race’ to reindustrialiseBritain risks falling behind in a multibillion-pound global “arms race” of re-industrialisation without an urgent launch of…
Move by UK’s second-largest supermarket raises hopes that food inflation will start to come downSainsbury’s has cut the price of its own brand bread and butter, in what some are seeing as a sign that soaring food price inflation will start to come down…
Global and cross-border crises alike have made it clear that health, environmental protection, peace, and food and energy security cannot be achieved independently from each other.
Sluggish retail sales and credit card spending figures add to fears for British economyConsumers are cutting back on purchases amid growing pressure on the Bank of England to tame inflation.Retail sales increased 5.2% on a like-for-like basis in April …
US investment bank believes inflationary pressures could force monetary policy committee’s handThe Bank of England could be forced to raise interest rates to 5% this summer, Goldman Sachs has warned, as Britain struggles to bring down the highest rates…
April broke downward trend in growth of labor market, which has been slowing over the last few monthsUS employers added 253,000 jobs in April, a sign that resilient jobs market remains robust even after a year of Federal Reserve interest rate rises.Lab…
Comments by Christine Lagarde come after central bank raises interest rates for seventh time in successionThe president of the European Central Bank suggested companies were taking advantage of high inflation when raising prices, after the bank raised …
Regulators step in after PacWest and Western Alliance shares plunge as investors fear repeat of First Republic, SVB and Signature failuresUS banks are failing, and the authorities seem unlikely to interveneTrading in the shares of two more regional US …
From rationing to taxes, house prices to health – the differences and similarities between the Britains of 1953 and 2023Double-digit inflation prompted by a regional war. Essential goods in short supply in the shops. Shortages of workers. In some respe…