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Matthew Davies

Matthew Davies


Articles

Ratcliffe on Soar power station near Nottingham. Campaigners say carbon capture projects distract from the need to move away from fossil fuels. PA
Nuclear, hydrogen and carbon capture at heart of UK green strategy

But critics say the government's planned day of announcements on tackling climate change has fallen far short of expectations

UKMarch 30, 2023
Sizewell B nuclear power station in Suffolk. Critics of nuclear energy say it is a 20th-century solution to a 21st-century problem. PA
Will UK's nuclear industry receive any boost on 'Green Day'?

As the government's latest announcements on net zero loom, what lies in store for Britain's nuclear energy sector?

UKMarch 28, 2023
Police and gendarmes work to secure an area blocked by protesters a week after the government pushed a pensions reform through parliament without a vote. AFP
Ten countries with the highest and lowest pension ages

Protests in France have brought Europe's perennial pension problems into sharp relief

UKMarch 27, 2023
The £110 million property for sale on Avenue Road has a subterranean swimming pool and spa complex. Photo: Beauchamp Estates
Through the keyhole on London's billionaires' row

Subterranean poolside spas, bomb-proof art galleries and dazzling marble bathrooms are the must-haves on the capital's most lavish road

WeekendMarch 24, 2023
Andrew Bailey, BoE governor, said 'higher inflation really benefits nobody'. Reuters
BoE warns rising prices will lead to higher interest rates

Governor of BoE has cautioned companies that increasing prices will also heighten inflation

UKMarch 24, 2023
US Federal Reserve chairman Jerome Powell after the Fed raised interest rates by a quarter of a percentage point, on March 22. Reuters
The interest rate dilemma: Smash inflation, but don't destabilise the banks

Central bankers still need to squash inflation, but can they do so without damaging the banks, asks Matthew Davies

UKMarch 23, 2023
Khalifa Port in the UAE. The UK expects that a free trade agreement would lead to a 16 per cent increase in trade with the GCC. Reuters
UK free trade deal with GCC ready for fourth round of talks

Negotiations 'heading in the right direction' with next round expected later in the year

UKMarch 23, 2023
The Lloyd's building, home to Lloyd's of London. The world's largest insurance market swung into loss in 2022, although underwriting profits soared. Getty
Interest rate increases force Lloyd's of London into loss

Rate increases by central banks in 2022 pushed Lloyd's insurance into overall loss, but underwriting remained strong

UKMarch 23, 2023
A fruit seller at Ridley Road Market in Hackney, London. UK food and drink prices are at their highest in 45 years. Bloomberg
UK inflation records surprise increase

Office for National Statistics figures show increase of 10.4 per cent in the year to February, compared with 10.1 per cent in January

UKMarch 22, 2023
The Bank of England decision on interest rates on Thursday is now on a knife-edge: will they raise rates or not? EPA
Will the Bank of England raise interest rates?

Odds of rise in UK interest rates on Thursday have been slashed after SVB and Credit Suisse turmoil plus expected drop in inflation

UKMarch 21, 2023
Premises of Swiss banks UBS and Credit Suisse in Zurich, Switzerland. Reuters
Credit Suisse shares fall 60% despite UBS deal

Credit Suisse and US banking issues 'don't concern French and European banks', according to French central bank governor, but persistent worries drag markets lower

EuropeMarch 20, 2023
The European Central Bank's headquarters in Frankfurt. Reuters
ECB raises rates despite Credit Suisse turmoil

European Central Bank lifts deposit rate by 0.5 per cent, even as banking sector is rocked by Credit Suisse crisis

BankingMarch 16, 2023
Chancellor of the Exchequer Jeremy Hunt delivers his budget to the House of Commons in London. AP
Budget summary: Jeremy Hunt seeks to reverse ingrained decline

Much of the UK Chancellor's budget was aimed at getting the economy growing through job incentives and tax deductions

UKMarch 15, 2023
Jeremy Hunt leaves No 11 Downing Street with the red budget box on Wednesday. AFP
Hunt says UK will avoid recession

British Chancellor seeks to boost economy with incentives for economically inactive to return to work

UKMarch 15, 2023
Chancellor Jeremy Hunt is set to unveil his spring budget on Wednesday. Photo: UK Treasury
Small businesses looking for big breaks in UK spring budget

As Chancellor Jeremy Hunt puts the finishing touches to his 'budget for growth', what do Britain's SMEs want him to deliver?

UKMarch 14, 2023
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