High street brands that boomed in the noughties before the squeeze of both sustainably minded consumers and the rise of ultra-cheap online labels are staging a comeback.
Profits at some of the UK’s best-known charity shops have plummeted as they face a number of pressures, including from online secondhand clothes platforms, prompting claims that a key part of the sector’s fundraising mo…
It’s a good time to be a coal plant in the US. The Trump administration has given support to almost half of the nation’s coal plants, helping them to continue operating despite economic and regulatory headwinds, accordi…
Passengers travelling on some of Great Britain’s busiest railway lines at Christmas have been warned of significant disruption from 10 days of engineering works.
Elon Musk has poured so much money into US politics this midterms election cycle that his donations could fund half a dozen SpaceX rocket launches or buy thousands of Tesla Cybertrucks. At the Tesla Diner in Los Angeles…
Avanti West Coast paid out more than £20m to passengers in just three months this summer in refunds for disrupted journeys on Britain’s main intercity rail network.
Eight out of 10 properties in London’s most exclusive neighbourhoods – such as Mayfair, Belgravia and Knightsbridge – now sell below asking price, according to research by Coutts, which provides private banking services…
The MV Odyssey was billed as the ultimate escape from Donald Trump. Instead, the oil shock caused by his war has left passengers unceremoniously dumped in Cambodia
A series of suspicious bets that correctly predicted the exact top-five finishing order of this year’s Ballon d’Or and generated almost $200,000 (£149,000) in winnings is being investigated by the event’s organisers, Fr…
This Advisory updates our February 13, 2025 Advisory to reflect recent developments regarding the extension of certain implementation dates of the SEC’s Treasury Clearing Rule.
Replacing government grants with revenue streams from taxation will not in itself reduce regional inequalities. But the political implications are radical
Richmond Fed President Tom Barkin said the Federal Reserve's policy direction is largely settled given elevated inflation and a sturdy economy, but he left open how fast borrowing costs should rise from here.
My aim today is to describe how AI is reshaping the euro area economy.[1] Although the development of frontier AI models is primarily taking place in the United States and China, the adoption of AI will be a key determi…
Iran’s Revolutionary Guard claimed Friday that three oil tankers exploded and caught fire while traveling through an unauthorized route in the Strait of Hormuz. It said one was a supertanker carrying more than 2 million…
On 29 October 2026 ECB President Christine Lagarde informed the Governing Council and the President of the European Council António Costa that she would step down from her position on 7 February 2027. A related press re…
BP’s profits have hit their highest level in almost two decades as the war in the Middle East drove up oil and gas prices and led to “significantly higher” trading.
UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.
After UK’s hottest summer on record, Ardingly near Haywards Heath is just 19% full – and next-closest reservoir is unusable due to broken treatment works
Respondents’ expectations for headline inflation, as measured by the Harmonised Index of Consumer Prices (HICP), stood at 3.0% for 2026, 2.6% for 2027 and 2.0% for 2028. Compared with the previous round, these were revi…