Finances

The last time inflation in the UK was more than 18 perсent was in 1976, after the Middle East oil crisis of 1973 and the British coalminers' strikes of 1972 and 1974 prompted electricity rationing to businesses.

UK consumer confidence falls to a record low in August, amid cost-of-living pressures and a gloomy economic outlook

Russia stepped up to the third place in the use of yuan in international payments in July, the SWIFT payment system said.

British magnate Jim Ratcliffe has confirmed his interest in pursuing a takeover of misfiring Premier League outfit Manchester United

Jake Freeman, 20, amassed large stake in ailing US homeware retailer before its share price soared

Eurozone inflation hit a record 8.9% in July, the highest level in the monetary union’s history

Earlier, the Bank of England announced that it had increased the key rate at the maximum pace since 1995 by 0.5 percentage points to 1.75%, and upgraded the inflation forecast for 2022 from 10.25% to 13%.

Budget surpluses were recorded in top Russian regions in the first half of the year amid surging revenues, RBK reports

The Western Union Company (NYSE: WU) announces the departure of Raj Agrawal, Chief Financial Officer (CFO).

Over 70% of UK companies have suffered the effects of anti-Russia sanctions since February, the Daily Mail reports

The Australian federal court has fined Google 60 million Australian dollars ($42.7 million) for making misleading representations to consumers about the use and collection of their personal data

Germany’s women would have received €60,000 each if they had won European Championships, while the men would have received €400,000

In the last 10 months, Musk has sold shares in the electric vehicle manufacturer valued at almost $32 billion. The CEO's motivation for selling the shares was not immediately apparent, according to the report.

Chinese exports to Russia grew robustly in July after four months of decline, customs data shows

“Millions” of Germans will not be able to pay for heating amid a surge in energy prices, the German Tenants’ Association says