Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the…
France’s dilemma: protesters demand spending as markets require fiscal restraint
Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets…
Britain in talks with European allies over release of emergency diesel stockpiles amid Trump pressure
Ministers discuss drawing down EU countries’ reserves after Donald Trump threatens to cut off US suppliesBritain is in talks with European allies over releasing emergency diesel stockpiles after Donald Trump threatened to cut off US supplies of the…
Oil price rise creates more pressure on UK policymakers before budget
Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costsInternational bodies warn of rising debt and borrowing risksBurnham stands by claim UK is ‘in hock’ to bond marketsOil prices lurched upwards…
UK losing up to £6.5bn a year in EU trade due to mismatched product rules
IPPR finds failure to align testing standards has forced companies to abandon exporting to EU and is costing costing 0.18% of national incomeThe UK is losing out on annual exports to the EU that could be worth as much as £6.5bn without a deal with…