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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.

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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”.

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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.

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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.

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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.

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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.

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Superdry boss warns shoppers will choose Europe over Britain

Tax-free shopping is no longer available to international visitors to Britain.

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People can’t wait for energy help – Citizens Advice

The charity voices concerns of delaying support for households bracing themselves for energy bill hikes.

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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”.

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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.