UK economy shrinks as outlook on recession darkens
The economy shrank by 0.1% leading some experts to warn a recession could start sooner than expected.
Liz Truss defends energy firms saying profit is not evil
The Tory leader hopeful says profit is not “dirty” and windfall taxes were about “bashing business”.
Government proposes more help for energy-intensive firms
Sectors like steel, paper and glass that use a lot of power could be set to receive more support.
Argentina rate hiked to 69.5% as inflation hits 20-year high
The move comes as figures showed inflation in South America’s second largest economy hit a 20-year high.
Lee Jae-yong: Why South Korea just pardoned the Samsung ‘prince’
Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.
Johnson & Johnson to replace talc-based powder with cornstarch
By 2023 J&J will make all its baby powder using cornstarch following legal battles over talc’s safety.
Superdry boss warns shoppers will choose Europe over Britain
Tax-free shopping is no longer available to international visitors to Britain.
People can’t wait for energy help – Citizens Advice
The charity voices concerns of delaying support for households bracing themselves for energy bill hikes.
McDonald’s plans to reopen in Kyiv and western Ukraine
The burger chain says it hopes to support a “small but important sense of normalcy”.
Energy bills could go up before October price cap rise
The energy regulator says it’s “possible” customers’ direct debit payments will rise before October.
