Bank of England raises rates by most since 1995 despite recession's approach
The Bank of England raised interest rates by the most in 27 years on Thursday in an attempt to smother surging inflation on track to top 13%, even as it warned a long recession is coming.
Big oil offers big returns but keeps spending tight
The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices.
UK leadership favourite Liz Truss U-turns on pay plan in first big misstep
British foreign minister Liz Truss, the front-runner to replace Boris Johnson as prime minister, was forced to backtrack on one of her most striking pledges a day after announcing it following a backlash from fellow Conservatives and opposition parties.
Barcelona plans sensational Messi comeback
Messi's current contract with PSG expires in 2023.
Prime Minister hopefuls feud over tax and spending plans
The final two candidates in the race to succeed British Prime Minister Boris Johnson clashed on Monday in a televised debate, during which they tore into each other's tax and spending plans.
Arsenal chief confirms further signings after fifth player arrives
Arsenal technical director Edu Gaspar confirmed plans to make further additions after Oleksandr Zinchencko became Arteta's fifth summer signing.
These Easy-to-Prepare Meal Kits are Perfect for the Busy Bees
These healthy and easy-to-prepare meals will fuel your mind and body throughout the day.
Arsenal: Arteta confirms incomings with 'big signing' predicted
Arsenal have signed four players this summer with Gabriel Jesus and Fabio Vieira being the biggest investments thus far.
Conservative leadership election: why tax cuts are an economic gamble
Cutting taxes without a reduction in public spending might actually fuel inflation by stoking demand
Exclusive-Britain and Japan aim to merge Tempest and F-X Fighter programmes-sources
Britain and Japan are close to an agreement to merge their next-generation Tempest and F-X fighter jet programmes, with the two countries aiming for a deal on a new joint project by year-end, three sources told Reuters.
Eight candidates in race to become next UK Prime Minister
Johnson is staying on in Downing Street as prime minister until the internal party contest finds his successor. The result is due on September 5.
Item A On Next British PM's Agenda: Inflation Crisis
Item A on next British PM's agenda: inflation crisis
EU Plans Investment In World's Tallest Dam To Dent Russia's Energy Clout
The European Union plans to become the top investor in the world's tallest dam in Tajikistan, EU officials told Reuters, in a move aimed at helping Central Asia cut its reliance on Russian energy and part of EU's answer to China's Belt and Road Initiative.
The latest Bank of England rate rise won't do much to tackle inflation - here's what could work
As interest rates rise, consumers and businesses will find it more costly to borrow to invest and spend, and aggregate demand will fall further.
Arsenal awaits fifth signing news as Chelsea discusses personal terms
Chelsea have moved ahead of Arsenal in the race to sign Leeds United forward Raphinha this summer.
The public cost of private schools: rising fees and luxury facilities raise questions about charitable status
The fact that UK higher education is still significantly state-subsidised means, in effect, UK taxpayers continue to fund privately educated students during their university studies.
Harbour energy CEO warns of lower UK investment due to windfall tax
The North Sea's biggest oil and gas producer, Harbour Energy, has told the British government that Britain's planned windfall tax on the energy sector will shrink the company's investment in the country.
Boris Johnson never took full control of the Tory party – uniting it now seems impossible
Barely three years into his party leadership, Johnson's authority is so damaged that it seems almost impossible for him to survive as PM to the next election.
We Need To Talk About Gucci: Kering Sets Plan To Boost Brand In China
Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses that has been hit by its new COVID lockdowns.
Barcelona's three-step plan to sign Xavi's top target revealed
Barcelona want to bring Robert Lewandowski to the Camp Nou this summer after striker confirmed his desire to leave the Allianz Arena.
Spanish GP: Carlos Sainz 'trusts Ferrari process' as development war heats up
Ferrari are set to unleash their first major upgrade package at the Spanish Grand Prix this weekend to maintain their fight with Red Bull Racing.
Queen misses UK parliament opening for first time since 1963
Charles delivered the Queen's Speech from the consort's throne, symbolically an inch shorter than the monarch's sovereign throne
DAOs and Don'ts: Why These DAOs Should Be on Your Radar
What started out with the development of blockchain back in 2009 has now turned into an international system, including financial projects, community-driven initiatives, and functional platforms that are all run on blockchain technology.
Prince William, Kate Middleton all set for move to Windsor with family
The Duke and Duchess of Sussex consider Windsor the "perfect place" to raise their children.
Mikel Arteta's £180m summer plan is the reason behind January clear out
Mikel Arteta and Arsenal are planning their biggest ever spending spree in the summer with three players targeted by the Spanish manager.
Prince Harry 'chasing happiness' in unhappy marriage with Meghan Markle: opinion
The Duke of Sussex could be "chasing happiness with Meghan, but never finding it."
Global growth could slow sharply due to Omicron: World Bank
The world's biggest economic powers, the United States and China, have not been spared from the economic impact of Omicron.
Kate Middleton to have a 'lower-key' celebration than Meghan for milestone 40th birthday
Kate will follow in the footsteps of Queen Elizabeth II to set an example to others amid the COVID crisis.
Barcelona want to sign Xavi's priority target; alternate found in case of failure
Barcelona are not giving up on their pursuit of Alvaro Morata despite Juventus manager Allegri stating that they have no intention of letting him leave this month.
Barcelona pushing to sign 21-year-old, five-year agreement reached
Barcelona are hoping to soon reach a compromise with Manchester City to sign Ferran Torres in January. The two clubs are €10 million apart in their valuation.