Rail operator linking London to Birmingham, the north-west and Glasgow had highest number of cancellations across networkAvanti West Coast will be renationalised in spring, as Andy Burnham declares “enough is enough” for passengers who have put up with a rail service “that has failed them time and time again”.The rail operator, which is one of the worst in the country for train delays and cancellations, will come under public ownership from March when its contract ends.
This blog is now closedGet our breaking news email, free app or daily news podcastRBA expected to hike cash rate to 4.6%, its highest level since 2011Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments.
Only 26% of PHEVs sold across top 20 models can use chargers with power of 50kW or more, analysis findsThree-quarters of the 20 top-selling plug-in hybrid electric vehicles (PHEVs) in the UK cannot use rapid chargers, research has found, amid concerns that many are essentially “petrol cars pulling round a heavy battery”.The cars, which can run on electric batteries as well as combustion engines, have been promoted by carmakers as a way to cover long distances in a single drive – unlike fully ele…
President’s ‘hard, drastic and necessary measure’, likely to attract widespread public support, polls suggestThe Brazilian president, Luiz Inácio Lula da Silva, has signed an order banning fixed-odds sports betting just over a week before the first round of the presidential election, in a move he said was designed to tackle the pervasive problem of families falling into debt.The decision ends the operation, offering, intermediation and advertising of betting.
Washington grants millions to the so-called Trans-Caspian Enterprise Fund to act as a catalyst for private investment in the South Caucasus and Central Asia.
This blog is now closedGet our breaking news email, free app or daily news podcastAI hack of Medicare exposes Australia’s vulnerabilitiesTechnology experts have warned revelations an artificial intelligence agent hacked Medicare’s internal systems will not be the only dangerous breach of government data and have called for Australia to boost its protections against the growing risk.Frontier AI now has capability to expose those vulnerabilities at a rate quicker than we can keep up, quicker than…
Explosive growth in imported vehicles omitted from EV tariffs fuels concern for future of European carmakersEU imports three times more from China than bloc exports thereSales of Chinese hybrid cars have rocketed in the EU in the past four and a half years, data shows, underlining growing concerns in Brussels over the future of the European car industry.In 2022, just 659 Chinese-made fully hybrid cars (vehicles in which the petrol or diesel engine charge the motor and battery) were sold in the E…
Sunil Bharti Mittal’s Airtel Money targets $9bn IPO in boost for ailing UK stock marketNils Pratley: Does this mark the end of London’s listing drought? Not yetA payments business that operates across Africa and is ultimately controlled by an Indian billionaire has announced its intention to float on the struggling London Stock Exchange.Airtel Money, the mobile money arm of Airtel Africa, is planning one of the biggest UK listings in years, in a boost for the shrinking London market that has fac…
Beijing is locking the gates to stop expertise and capital in strategic industries from fleeing. The country accused of industrial-scale intellectual property theft now fears the West will take its own.
Germany's gas storage sites are far less full than in recent years. Officials say supplies are secure, but analysts warn that a cold winter or import disruptions could push prices higher. So how secure is the supply?
German carmakers want employees to work 40 hours instead of the current 35 without extra pay, arguing it would improve competitiveness. Unions strongly oppose the proposal and view it as an attack on workers' rights.
The rapid shift to electric vehicles in Germany is cutting fuel tax revenue for the government. As EV sales surge, policymakers face growing pressure to find new ways to fund roads and transportation infrastructure.
Two decades of progress toward gender parity is at risk as women's political representation declines, according to a new World Economic Forum report. At the current pace, the remaining gap could take 120 years to close.
Could artificial intelligence pose an existential threat to humanity? Some leading researchers are warning against an unregulated race toward AI superintelligence.
Iran is shifting trade toward northern ports and land routes as its southern shipping faces a US blockade. Analysts say the corridors can keep essential goods moving, but cannot replace maritime trade.
The Netherlands and France have moved their gold out of US vaults. Part of the reason is fears about the reliability of the US, but equally important is the need to keep gold closer to home in the event of a crisis.
The BRICS summit 2026 takes place in Delhi this weekend. Unlike last year, Putin and Xi are expected to attend. Can India keep the expanded bloc united?
Germany's far-right AfD party has long claimed that the eastern state of Saxony-Anhalt has been left behind. Is that really the case? A closer look at the data offers some interesting insights.
The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?
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