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The European jobs market is defying expectations and holding up well despite experts expecting the bloc to tip into a tough recession, fresh figures out…
Britain’s factories are already in recession sparked by demand receding as the country’s economy slumps, a closely watched survey out today reveals. S&P Global and…
Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and…
Budget airline EasyJet has shrunk its losses as it braces for a 50 percent rise in the price of fuel next year as passenger levels…
UK borrowing surged over the last year due to the government partially covering the cost of household energy bills, official figures out today reveal. The…
The UK economy will languish behind its rich counterparts next year amid a tough inflation surge driven by worker shortages and an “untargeted” energy support…
Europe’s largest battery energy storage system by megawatts per hour will be officially online from today, marking a new era in power diversification in the…
The Chancellor has slashed the exemption amount for capital gains tax and cut the dividend allowance in half today in a move that will strike…
Oil firms have been dishing out bumper sums to shareholders as a crisis in the energy sector drives profits to record levels, according to research…
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…