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New research reveals that the UK has the highest electricity bills. Brits pay more for their power than anywhere else on the planet. A new…
Inflation has peaked in the UK, but will take a long time to fall, a top investment bank has bet. New data out from the…
With all the bad news that has dominated the airwaves in recent months it was very welcome to see that US CPI rose significantly less…
Crypto exchanges have looked to cool investors’ fears of contagion today as the industry is rocked by the shockwaves of FTX’s collapse last week. In…
British Gas owner Centrica said this morning the energy giant expects that its earnings per share will be at the top end of expectations even…
Bitcoin could tumble to as low as $13,000 as the industry is rocked by the crisis at the crypto exchange FTX, JP Morgan has warned.…
A combination of strict Covid-19 containment measures hobbling factories and a global economic slowdown have kneecapped China’s trade position, official figures out today revealed. Beijing’s…
Expanding the windfall tax would be “disastrous” for the North Sea’s oil and gas sector, warned a leading industry group in a letter to Chancellor…
The euro is on course to stay below parity with the US dollar for some time if gas prices do not fall markedly, a top…
The eurozone manufacturing sector has tumbled into recession, driven by customers slashing spending in response to soaring prices and higher interest rates, a closely watched…
The US economy has surprisingly shaken off a series of steep rate rises, indicating the Federal Reserve’s campaign to tame historic high inflation is not…
More than £1.3 trillion has been wiped off the value of UK bonds since the start of 2022 following a major sell-off across bond markets,…
Precious metals, including gold and silver, are rebounding amid growing expectations the Federal Reserve (the Fed) will ease its aggressive policy of hiking interest rates.…
BlackRock said it had raised $4.5bn (£3.97bn) for a new climate infrastructure fund today as it looks to ramp up investment in the net zero…
The UK could be hurtling toward a “deep recession” caused by a mixture of political turmoil and soaring prices forcing the Bank of England to…
Global central banks have made an ‘all-in’ effort to front-load monetary policy tightening to dampen demand. But softer economic data in the eurozone and United…
The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned,…
Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market. Its venture group, Octopus Energy Development Partnership…
Iron ore demand will be weighed down by a global slowdown in commodity markets, driven by Covid-19 clampdowns in China and a looming recession across…
I travelled with my family to London and Normandy in July 2022. Our primary purpose was to meet up in France with my father-in-law, who…