G7 agrees to release diesel reserves after crisis meeting Energy Leaders from the G7 have agreed to tap into 100m of diesel and oil from their reserves in a bid to stave off a soaring supply crisis and end an escalating feud between the Euope and the US. The club of wealthy democracies said on Friday that they would work with the International Energy Agency [...]
Diesel crisis: UK minister holds emergency talks with US energy secretary Energy Energy secretary Miatta Fahnbulleh is holding crunch talks with her American counterpart about an escalating diesel spat that has seen Treasury secretary Scott Bessent urge Europe to release emergency reserves “immediately”. City AM understands that Fahnbulleh is in direct contact with US energy secretary Chris Wright to discuss a US move to potentially choke off [...]
‘Not sustainable’ – French borrowing costs soar amid Budget and election uncertainty Markets France is facing a period of acute bond market stress that could last several years unless the presidential frontrunners for next year’s election commit to tackling its gaping deficit, analysts have warned. The difference between French and German government borrowing costs – a key metric used to determine French debt risk – widened beyond 120 [...]
Why it could now cost more to sack an executive in the UK than FRANCE September 17, 2026 Labour’s overhaul of employment rights, particularly the removal of the unfair dismissal compensation cap, could leave British businesses facing a higher bill for dismissing executives than their European counterparts. As the government pushed its Employment Rights Bill into law, it ditched the £118,000 compensation limit on unfair dismissal claims to appease unions after the House [...]
The Bayeux Tapestry is British – we should keep it September 3, 2026 Despite its name, the Bayeux Tapestry is British…and it should therefore be kept permanently in the British Museum, argues James Ford I have a big problem with the Bayeux Tapestry. Firstly, it is not a tapestry, it is an embroidery. Secondly, it was not made in Bayeux. Historians believe it was stitched and sewn in [...]
From crown jewel to €180m courtroom battle: The investor revolt targeting Atos July 14, 2026 A top Whitehall tech supplier that historically managed vast swathes of critical data for the NHS is at the heart of a €180m (£153m) shareholder class action over its near-downfall two years ago. Euronext-listed Atos was once a crown jewel of the French tech sector, acting as a major partner for the French military and [...]
Inside the trippy French vineyard owned by ousted Claridge’s billionaire July 3, 2026 Tracey Emin and Damien Hirst have designed pieces for Chateau La Coste, France’s totally surreal vineyard, the vision of the billionaire who formerly owned Claridge’s. Adam Bloodworth on the trippiest Provençal escape Resting on the side of a dirt road at Chateau La Coste, a vineyard and country estate half an hour outside of Marseille, [...]
Alex Dilling: Mastering the art of French cooking May 6, 2026 After honing his craft under two titans of French cooking, Alex Dilling now presides over one of London’s most refined dining rooms. His double Michelin-starred restaurant at Hotel Café Royal is a masterclass in modern haute cuisine, writes Carys Sharkey. As a teenager in sunny, expansive California, Alex Dilling thought he’d be a punk rocker, [...]
Dining out with Michelin’s most dedicated followers April 24, 2026 The all-powerful Michelin Guide has garnered a cult following of enthusiasts. Carys Sharkey goes star gazing Slap-bang in the middle of March, the impressively drawn-out awards season reached its zenith. First comes the trailers, then the films, then the media rounds, then the SAG Awards, the BAFTAs, the Golden Globes and finally the Oscars. The [...]
FTSE 100 jumps as Strait of Hormuz fully open following ceasefire April 17, 2026 The Iranian regime has reopened the Strait of Hormuz following a ceasefire in the Middle East between numerous warring nations. Tehran’s foreign minister said on Friday afternoon: “In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire”. Traffic [...]