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The UK government is reportedly considering subsidising purchases of electric vehicles by guaranteeing consumer loans, as it looks at ways to boost sales that are failing to reach official targets.

Ministers have started talks with the car finance sector on how to make more low-interest or interest-free loans available to …

The saga of Heathrow’s third runway has been continuing for decades, with ministerial resignations, U-turns from politicians against the backdrop of climate disaster, including 0.2C of global heating since the expansion was first proposed. Now the chancellor, Rachel Reeves, is hoping to kickstart the expansion again in a push for …

Roman Abramovich, the billionaire Russian oligarch, may owe British tax authorities as much as £1bn, according to analysis of documents that suggests his companies failed to pay tax on profits made through an elaborate offshore investment scheme.

Leaked papers and court filings shed new light on how the income from …

And just like that the Reserve Bank ran out of excuses. After the release of the

December quarter inflation figures

, the RBA not only should cut interest rates, but it almost certainly will. Failure to do so would be one of the most political and misguided decisions …

Australia’s underlying inflation rate has fallen to a three-year low of 3.2%, bolstering the case for a rate cut next month that would provide a dopamine hit to the government ahead of a cost-of-living election.

The Reserve Bank of Australia’s preferred inflation gauge, which strips out volatile price swings, fell …

The internal combustion engine appears to hold a special place in Donald Trump’s psyche. During his inauguration speech last week, he made a “sacred pledge” to raise US car production to “a rate that nobody could have dreamt possible just a few years ago”.

Car making and the oil industry …

Rachel Reeves is unveiling plans to create “Europe’s Silicon Valley” between Oxford and Cambridge as she stakes the government’s success on kickstarting economic growth and putting more pounds in people’s pockets.

The chancellor will announce a blueprint to improve infrastructure across the region that will add up to £78bn to …

Starbucks reassured Wall Street with a smaller-than-expected drop in comparable sales, an early sign that its efforts to revive sluggish demand could be bearing fruit.

The world’s largest coffee chain, which earlier this month announced that people using its cafes cross North America

need to buy something

, …

For Abdulaziz the return to Sheikh Radwan in northern Gaza was bittersweet. His home was still standing, if damaged, but the life he built around it had been utterly destroyed by 15 months of Israeli attacks.

Relatives, friends, acquaintances are dead. His job as manager of a car rental business …

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