The west’s tightening of Russian sanctions is a sign of failure The Kremlin is putting up stiffer economic resistance than the G7 anticipated
Central banks ‘risk losing trust if they cannot tame inflation’ Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trust
‘We’re going all in’: how France raced ahead of UK on electric car batteries State subsidies and industry backing pull in foreign investment as country creates ‘Battery Valley’
KNVB launch fresh investigation into Vitesse Arnhem links to Roman Abramovich Documents uncovered by the Guardian and TBIJ appear to show Dutch club received more than €100m from Russian oligarch
Rishi Sunak says UK in talks with EU to allay carmakers’ Brexit concerns PM’s comments come after Germany’s automotive industry joined calls for extension to trade deadline
Ford, Vauxhall owner and JLR call for UK to renegotiate Brexit deal Carmakers call on Britain to change rules on batteries that they say threaten electric vehicle production
Why are leading carmakers urging UK to overhaul Brexit deal? Ford, Stellantis and Jaguar Land Rover have criticised extra costs under trade and cooperation agreement
Rishi Sunak cites cheap beer and sanitary products as benefits of Brexit On his way to the G7 summit, the prime minster insists household income is ‘outperforming’ expectations
UBS to make $35bn in Credit Suisse takeover – but lose $17bn in rushed deal UBS says it will absorb costs related to litigation, regulatory matters and liability adjustments in emergency rescue
Sunak must be firm. Ukraine’s fate will be decided by war and diplomacy – not by sanctions The western response has been blighted by stupidity, says Guardian columnist Simon Jenkins
European economy expected to grow faster than forecast, says EU Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1%
Now Brexit brings a bitter Tory reckoning at the polls The Conservatives have much to be ashamed of after 13 years. But the surge in Lib Dem support shows Europe still matters
Portugal could ban smoking near public buildings in October Draft legislation proposes restriction on sales with aim to be tobacco-free by 2040
Cyprus handed 800-page US dossier on Russia sanctions breaches Report details how local people and firms allegedly helped Alisher Usmanov conceal assets
Italian oil firm Eni faces lawsuit alleging early knowledge of climate crisis Exclusive: Company accused of ‘lobbying and greenwashing’ for more fossil fuels despite knowing of risks