EasyJet has confirmed the acquisition of part of bankrupt German carrier Air Berlin in a deal worth €40m (£35.2m). The transaction will see the budget airline taking control of Air Berlin's operations at the capital's Tegel Airport, with easyJet leasing 25 of...
The European Union’s chief Brexit negotiator has said “no way” to Theresa May securing a bespoke trade deal with Brussels.  Michel Barnier said the EU is not prepared to come up with a makeshift trade deal for the UK that knits together all the...
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 breakthrough may boost UK economic confidence in the coming months. The view was relayed in the...
What has Mathew Elliott to fear from a second referendum? The decision to reverse Brexit now appears to be the wish of the majority. He presents no arguments and offers no alternatives that will mitigate the withdrawal of trade with our...
A massive vote of confidence in Britain’s economy? That’s how Defence Secretary Gavin Williamson described BAE Systems’ £5bn deal to flog 24 Typhoon fighter jets to Qatar. There is, of course, another way to look at the transaction.  It’s also a massive vote of...
The oldest son of former Alaska governor Sarah Palin has been arrested in Alaska on charges of domestic violence. Track Palin, 28, was prosecuted on Sunday on charges of felony burglary, assault in the fourth degree and criminal mischief for causing property...
Nobody knows what happened to the Uighur student after he returned to China from Egypt and was taken away by police.  Not his village neighbours in China's far west, who haven't seen him in months. Not his former classmates, who fear Chinese...
The chief executive of investment bank Goldman Sachs has waded into the debate over whether a second Brexit referendum is needed, after new polling showed Britain turning its backs on EU withdrawal. Lloyd Blankfein said he had to take an interest because...
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognising the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to...
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 (£1.5m), a Moscow judge announced on Friday. Judge Larisa Semenova began reading her verdict at 11.30am...