By Jack Barnett Soaring inflation will force the Bank of England to do something it has never done since it was made independent 25 years ago, City economists are betting. Governor Andrew Bailey and the rest of the monetary policy committee (MPC) will …
Community Shield: Manchester City dominate Liverpool but fail to find finishing touch
By Frank Dalleres Manchester City’s new-look attack posed more threat than Liverpool’s but lacked its clinical touch in the Community Shield, writes Frank Dalleres. “If it ain’t broke, don’t fix it” is not a mantra by which either Pep Guardiola or Jurg…
Water sector debt risks market crisis warns watchdog
By Nicholas Earl Water utilities loaded with debt are at a growing risk of collapse as interest rates rise, argued David Black, chief executive of Ofwat. The boss of the industry regulator revealed feared that utilities have piled on debt could go unde…
Ringfencing risks driving up energy bills, warns Cornwall Insight
By Nicholas Earl The cost of ringfencing consumer credit balances will be “disproportionate to their benefits” and risk adding more costs to bills “at a time when consumers can ill afford them,” revealed energy specialist Cornwall Insight The group has…
Ollie Phillips: Why I am taking on the China Sevens coaching job
By Matt Hardy I’ve spent a lot of my life involved in rugby sevens but I haven’t taken on many challenges as big as the one I have just embarked on with China. I am heading up the coaching team for China’s sevens programme, and will be heading out ther…
Areas near 2012 London Olympics continue to see economic boost after a decade
By Millie Turner A decade after the London Olympics, areas nearby the event are continuing to feel positive economic impacts. Stratford’s E15 district has seen its economic vitality index score grow by nearly a quarter, according to analysis firm Evalu…
Exclusive: Lionesses have the spirit of 1966 World Cup winners, says Sir Geoff Hurst
By Frank Dalleres England football hero Sir Geoff Hurst says he sees similarities between the Lionesses and his 1966 World Cup winners. Sarina Wiegman’s team could become the first senior England side to win major honours for more than half a century w…
‘Gen Z events may be future of Commonwealth Games’
By Matt Hardy On a flight home from a business meeting in Guernsey, I sat across the aisle from members of the island’s Commonwealth Games team. I think I spotted sprinter Abi Galpin in her Guernsey Athletics sweatshirt, while an older member of the en…
Car industry downgrades yearly output forecast amid semiconductor issues and Ukraine war
By Ilaria Grasso Macola The UK automotive industry has downgraded its production forecast for the year as global chip shortages and the war in Ukraine’s impact continue to bite. The Society of Motor Manufacturers and Traders (SMMT) told journalists tod…
Law Commission proposes major legal reforms for crypto
By Hamza Fareed Malik The Law Commission of England and Wales today published new proposals to reform the law around crypto and suggested recognising them as a new, distinct form of property known as “data objects.” The Commission highlighted the incre…