Over-reliance on gas as ‘transition’ source of energy and system’s lack of resilience is being exposedPrice spikes in the global energy market are meant to happen during the cold months of a northern hemisphere winter, which is why their arrival now is…
EasyJet needs investors on board as next takeover bid may be serious | Nils Pratley
Wizz Air’s offer was rejected, of course, but £1.2bn rights issue hardly put fizz back into sharesThe pandemic has transformed the airline industry in unexpected ways: Wizz Air, whose shares have recovered all the altitude lost in the early months of l…
Phew! Kwarteng can breathe again as Meggitt race slims down to one
TransDigm was the more problematic bidder but the UK still needs solid assurances from Parker-Hannifin• Meggitt takeover rival pulls outThat’s a relief – especially for Kwasi Kwarteng, the business secretary. TransDigm, by a distance the more problemat…
‘Taper tantrum’ by stock markets points to gaps in the easy recovery story | Nils Pratley
Cheap money, the Delta variant and China’s sluggish performance add up to tough times aheadFinancial markets these days react to any whiff of tighter monetary policy in the US, so a little drama on Thursday was par for the course after the US Federal R…
Taylor Wimpey profits show what a waste Sunak’s stamp duty giveaway was | Nils Pratley
The housebuilder and its rivals did not need help from the taxpayer to get through the pandemicFrom where Rishi Sunak sits, he might regard Taylor Wimpey’s bumper set of first-half figures as a triumph of policymaking. The chancellor threw subsidies at…