Australian Open thrown into chaos as Novak Djokovic faces Sunday court hearing after government cancels visa again
The Novak Djokovic deportation debacle threw the Australian Open into chaos on Friday after the visa he used to enter Australia was cancelled again just three days…
Spend more on renewables or power prices will keep rising, warns IEA
He stopped short of saying Russia was using gas supplies for political leverage, but said the low gas flows “coincide with heightened geopolitical tensions over Ukraine. I…
How is inflation hitting your pocket? The items that have risen most in price
Second hand car prices soared by close to a third in 2021, as a shortage of semiconductors slowed the production of new models. Because of the delays,…
Disappearing developers leave flat owners facing huge bills
Developers responsible for dangerous defects in high-rise buildings have escaped their liabilities by liquidating themselves into nonexistence – and left thousands of innocent flat owners to pick…
Google buys London HQ in $1bn vote of confidence for the office
Google has paid $1bn (£730m) to buy its central London building in what it said demonstrated a long-term commitment to the value of having workers in the…
Energy crisis turns up the heat on Ovo founder Stephen Fitzpatrick
Now based in west London’s trendy Notting Hill, Ovo started as one of a growing breed of challengers taking on incumbent Big Six energy suppliers, which were…
How Labour’s energy price cap helped ruin Thatcherite reforms
Botched privatisation? Surviving architects of privatisation point to a series of interventionist policy mistakes which they believe distorted the market, undermined competition and led to the explosion…
Facebook faces £2.3bn legal claim over social media dominance
Facebook is facing legal action in the UK that claims the social network should pay £2.3bn to its 44m British users for exploiting its dominance to hoover…
Sensyne Health shares collapse on emergency fundraising
The Oxford-based company uses artificial intelligence to analyse anonymised patient data and discover new medicines. It has a deal to use about 22.5m medical records. JP Morgan…
Labour created a Bank that doesn’t understand inflation
The CPI in November was already 5.1pc up on a year earlier. The concentration of already announced price increases in the next few months is such that…
EDF shares crash after Macron moves to cut French energy bills
As well as its plants in France, EDF owns the UK’s nuclear fleet and several UK gas-fired power stations, and is building the new Hinkley Point C…
The coming storm threatens to keep Rishi Sunak out of No 10
Rachel Reeves, the shadow Chancellor, will soon be wielding some pretty hefty sticks with which to beat her counterpart. Price rises are coming on top of increases…
The markets would celebrate Boris Johnson’s downfall
At a time when the country is still grappling with the latest wave of Covid, and the health service is under intense pressure, the government is in…
German economy still smaller than pre-pandemic size after omicron reversal
Germany’s economy went into reverse at the end of 2021, as omicron combined with supply shortages left the industrial powerhouse further away from returning to its pre-Covid…
Lord Sainsbury of Preston Candover dies aged 94
Lord Sainsbury of Preston Candover, life president of supermarket chain Sainsbury’s and a Conservative peer, has died aged 94. Lord Sainsbury started working in his family’s business…
Electricity cables earned owners £3.5bn in dividends since 2016
Electricity network owners have collectively taken £3.5bn in dividends since 2016, new figures reveal, as the Government’s infrastructure tsar warns Storm Arwen shows a more “proactive” stance…
JP Morgan chief warns of multiple US interest rate rises as cost of new mortgages set to surge
The world’s most powerful banker has warned there could be as many as seven interest rate rises in the US this year, as households around the world…
Nicola Sturgeon faces drug and alcohol battle at nationalised shipyard
Bosses at Glasgow’s once-thriving shipbuilding yards were stern about keeping workers on a short leash. With more workers than jobs, misbehaviour, however minor, was not tolerated. But…