Economy & Money
European economy, markets, the euro, ECB, inflation and business.
E
EasyJet backs £5.2bn Castlelake bid facing EU hurdle
EasyJet has agreed in principle to a £5.2bn takeover by US firm Castlelake, a deal that would reshape European low-cost aviation b…
E
South Korea to funnel AI chip tax windfall into public investment, housing and jobs
South Korea plans to channel a surge in tax revenue from its booming AI chipmakers into a new state fund, backing everything from …
E
OPEC+ agrees another modest output rise as oil prices fall back to pre-war levels
Seven countries in the OPEC+ alliance agreed to lift their combined oil output by a modest 188,000 barrels per day in August, addi…
E
EasyJet shares jump 10% as board backs Castlelake takeover proposal
The budget airline said it has reached ‘an agreement in principle’ with US investment firm Castlelake.
E
EV charger rollout in UK slows amid political uncertainty and rise in installation costs
Growth in charge points falls markedly despite surge in number of rapid-charging units The UK’s rollout of electric vehicle charge…
E
Ocado co-founder to step down as chief executive in 2028
Online grocer says Tim Steiner will remain as CEO until December 2027 before taking on ‘founder role’ for a further year Ocado’s c…
E
Sky owner announces £1.6bn takeover of ITV’s broadcasting arm
US telecom giant Comcast to snap up free-to-air TV channels and streaming platform to create UK’s biggest commercial broadcaster S…
E
Big brewers ‘misleading drinkers’ over craft beer credentials, says Camra
Campaign group calls on watchdog to investigate sector amid claims of anti-competitive practices elbowing out independents Big bre…
E
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
Exclusive: Government and developers privately acknowledged Lanarkshire datacentre site had power provision ‘issue’ ‘It’s smoke an…
E
The new Isa rules melt my brain: but that’s not even the worst thing about these changes for first-time buyers | Jason Okundaye
Quite aside from all the convolutions, it’s clear the government is ignorant of the reality for young people like me hoping to get…
E
What Sky buying ITV could mean for your favourite shows
Sky is set to buy ITV's TV and streaming channels for up to £1.6bn, the companies announced on Monday.
E
UK planning shift risks 32,000 affordable rural homes
The UK government is weighing plans to scrap affordable housing quotas for medium-sized developments to kickstart construction, ri…
E
A Place in the Sun review – subversive exposé of picture-postcard luxury in the Canary Islands
Documentary intersperses pastel scenes of spotless tourist resorts with candid interviews with the asylum seekers who labour to ke…
E
John Lewis dishwasher leak forced buyers into hotels for eight months
My elderly parents’ home was left uninhabitable, and they are owed £3,300 for repairs they had to fund themselves My elderly paren…
E
Fuel providers hopeful of more price reductions
Rubis and ATF Fuels both say they expect to see prices fall further in time.
E
Europe's gender pension gap hits 24.5%, double the pay gap
Europe's gender pension gap has reached 24.5%, more than double the headline pay gap, exposing how lifelong career interruptions a…
E
Backlash after China bubble tea firm ordered to pay Louis Vuitton $1.5m
A court in China ruled that Molly Tea had infringed on the luxury brand's four-petal flower design.
E
Three things you can do to stop EU border checks at the airport costing you
Queues are expected at airports this summer owing to EU's new digital border control system.
E
Making public transport fully accessible ‘could boost UK economy by £176bn’
Report says current network of buses, trains and stations effectively locks 2.8m people out of workforce Investing in the UK trans…
E
Mobile internet coverage in UK worse than any EU or G7 country, Which? says
Analysis finds services cheaper but country ranks 57th in network performance and 70th for download speeds British holidaymakers w…
E
The Guardian view on private equity in the public sector: children’s services must be freed from debt-fuelled takeovers | Editorial
New analysis by the Guardian has revealed the disturbing extent of these firms’ influence in highly sensitive areas Children’s hom…
E
Delivery firm Evri sues BBC for £1.2m over Panorama documentary
Private equity-owned delivery company Evri is suing the BBC for £1.2m, highlighting the reputational risks facing Europe's competi…
E
‘New direction, same old problems’: the economic challenges facing Andy Burnham | Richard Partington
Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on …
E
‘Did Westminster just ignore buses?’ Burnham aims to shake up UK transport
In the fourth of a series on nationalisation, we look at plans to emulate Manchester’s Bee Network in Britain’s buses and rail Wil…