Ukraine conflict: Shares slide as oil and gas prices soar￼
Stock markets have sunk as soaring oil and gas prices spark fears of a global economic shock from…
7 March 2022
Shell defends ‘difficult’ decision to buy Russian crude oil
Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine. The…
7 March 2022
Microsoft stops selling products in Russia￼
Microsoft has stopped selling its products and services in Russia, following the country’s invasion of Ukraine. Major tech…
5 March 2022
Government borrowing fell in April as UK reopened
Government borrowing fell in April compared with the same month last year, as parts of the economy reopened after lockdown measures eased.
UK tourism spending ‘worth just half of pre-pandemic level
Britain's tourism industry is a huge driver of our economy but has faced many challenges over the past year," said tourism minister Nigel Huddleston.
US business groups team up to oppose tax rise proposals
Twenty eight industry groups have now created an alliance called "America's Job Creators for a Strong Recovery
Iran bans cryptocurrency mining for four months after blackouts
Bitcoin operates on the blockchain, a digital ledger of transactions. Miners audit Bitcoin transactions in exchange for an opportunity to acquire the digital currency. It requires enormous computing power, which in turn uses huge amounts of electricity.
Why the next stage of capitalism is coming
However, the story is not universally positive. In recent years, capitalism's shortcomings have become ever-more apparent.