There is something quietly extraordinary about a government agreeing to hand a foreign state £662 million of public money, and then watching that state’s officials announce, with apparent equanimity, that they have no solution to the problem the money was…
Bank of England Chief Economist Huw Pill cautioned on Friday that Britain faces a gradual build-up of long-term inflation pressures, driven by the surge in energy prices that has followed the Iran conflict and the closure of the Strait of…
When John Healey resigned as Defence Secretary in June, he did so with a clear and unambiguous demand: Britain must commit to spending 3 per cent of GDP on defence by 2030. It was a principled stand, and his subsequent…
The normal retirement age across the European Union is projected to increase by approximately two years for men and 2.6 years for women between now and the late 2060s, according to the Organisation for Economic Co-operation and Development’s Pensions at…
A dispute rooted in governance and money The row between FIFA and its member associations over the proposed commercialisation of the World Cup has escalated sharply within the space of days, exposing deep fault lines over how football’s governing body…
BP has launched a formal sale process for its UK North Sea business, the company announced on 31 July, marking a potential end to more than sixty years of continuous offshore production by one of the industry’s founding operators in…
A dispute between a women’s advocacy organisation and one of Ireland’s largest community festivals has ended without a court ruling, after both parties reached a settlement on the morning a High Court hearing was due to begin in Belfast. The…
A Problem That Has Outlasted Every Prime Minister Who Tried to Solve It Social care reform has defeated every administration that has attempted it since the Royal Commission on Care convened in 1999. In the quarter-century since, twenty-two inquiries and…
The United States has struck Iran directly, in what the Pentagon framed as a measured but forceful answer to a sustained campaign of Iranian aggression against American military personnel in the Middle East. The sequence of events began with what…
A Mansion’s Long Decline When casino mogul Steve Wynn quietly began shopping his Beverly Hills estate, Villa Lulu, in 2020, he floated an off-market figure of $135 million. That number reflected the confidence of a seller who had spent years…