Inside Rolls-Royce’s plan to clean up jet travel

While aviation accounts for about 2.5pc of carbon emissions, flying is still limited to a relatively small proportion of the global population and the industry is under pressure to move towards zero emissions by 2050. Step two is to move... Read more

Bankers celebrate as takeover deals keep coming

But the phone is still ringing. Blockbuster deals in December included a potential auction of high street pharmacy Boots by its American owners, putting the sale of one of Britain’s best-known chains on the cards for 2022.  Despite choppy waters... Read more

Germany pulls the plug on half its nuclear power plants

Germany will turn off three of its remaining six nuclear power stations on Friday as part of its switch to renewable energy. Berlin decided to speed up its phasing out of nuclear power following Japan’s Fukushima reactor meltdown in 2011... Read more

Oil prices post biggest rise for 12 years as global economy roars back

Oil prices have posted their biggest annual gains in 12 years after investors bet that surging omicron cases will not be enough to derail the global economic recovery. US oil, or West Texas Intermediate, ended the year at almost $76 a barrel, up... Read more

After 20 years the euro is entering its most perilous decade

First, inflation. The first 20 years of the euro’s existence were fundamentally deflationary. The globalisation of supply chains, aging societies, a glut of savings, and new web-based technologies, came together to push prices down everywhere.  It was very hard to... Read more

Chinese giant takes stake in Monzo

A Chinese technology giant has taken a stake in Monzo. Tencent Holdings, which has become a major investor in European tech companies in recent years, has snapped up shares in the digital bank as part of a $100m (£74m) top-up... Read more

Boost for Glaxo’s Emma Walmsley as key ally is made a dame

Sir Ian was described as “one of the founding fathers of the UK games industry”. He co-founded Games Workshop in 1975, launching Dungeons & Dragons and Warhammer in Europe, and is currently chairman of video games maker Sumo Group, which... Read more