Alexei Ulyukayev: Putin’s ex-economy minister sentenced to eight years in prison colony for accepting...

Russia’s ex-economics minister, Alexei Ulyukayev, has been found guilty of accepting a bribe and sentenced to eight years in a prison colony, as well as being fined $2m...

Brexit: Treasury Select Committee urges UK to accept EU laws during transition period

An influential committee of MPs has thrown its support behind a Brexit transition agreement that sees EU laws continue to reign supreme, stressing that it would...

Brexit: UK economy may see boost after Theresa May’s breakthrough deal in Brussels, says...

Policymakers at the Bank of England believe the risk of a “no-deal” Brexit has been reduced by Theresa May’s Brussels agreement last week – and that this...

Russia ‘could cut UK’s undersea internet cables’, defence chief warns

Britain’s military has prioritised the protection of undersea cables from Russia because if they are cut or disrupted there would be an immediate and “potentially catastrophic”...

Uber Eats offers food-delivery drivers insurance in Europe

Uber’s food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of “gig economy” workers. Riders for food-delivery...

Saudi Arabia set to hike domestic petrol prices by 80% in January

Saudi Arabia plans to raise the price of domestic petrol and jet fuel in January, part of a programme to gradually eliminate energy subsidies as the kingdom...

UK will be worse off under almost all Brexit scenarios, finds think tank

An influential US think tank has warned that almost all possible trading relationships between the EU and the UK after Brexit would be less favourable for...

Brexit: UK public are becoming more pessimistic over economic impact of EU withdrawal, finds...

The British public has become more pessimistic about the economic impact of Brexit, a major new survey for the Bank of England has found. A survey by...

Eurozone GDP growth forecasts ‘substantially’ upgraded by ECB as Brexit Britain set to struggle

The European Central Bank has "substantially" upgraded its GDP growth forecasts for the eurozone, reflecting the brightening economic prospects for the single currency area even as the...

Brexit: UK must accept EU laws during transition to prevent ‘dramatic’ economic impact, warns...

A transition period after Brexit where the UK continues to accept EU rules would be a “price worth paying” for economic stability, an influential Commons committee...

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