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Germany records first monthly trade deficit since 1991 as inflation soars

May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base

Europe at risk of recession amid concerns Russia could cut gas supplies

Energy prices had already surged in second half of 2021 but Russia’s invasion of Ukraine has exacerbated this

Irish whiskey roaring back after decades of decline

Irish distillers are closing the market gap on their hitherto dominant Scottish rivals

Ryanair strike threat set to add to summer airport chaos in Europe

Planned action by the airline’s Spain-based cabin crew over working conditions will increase disruption for holidaymakers

Dashboard of decline: seven charts that explain Britain’s economic crisis

The UK looks set for a recession and a longer battle with inflation than many of its neighbours. This is why

Roaming charges are back after Brexit – beware high mobile bills

Giffgaff and Tesco have joined EE, Sky Mobile, Three and Vodafone in making contract changes

EU moves to rein in ‘wild west’ of crypto assets with new rules

MiCA law contains measures to guard against market abuse and manipulation

Inflation in eurozone hits record 8.6% as Ukraine war continues

ECB plans first interest rate rise in 11 years as food prices increase and Putin’s invasion drives up energy costs

Shell may have to abandon £3bn stake in Russian gas plant

Kremlin sets up new firm to own Sakhalin-2 plant, with stakeholders given a month to sign up or they could lose money

Germany’s move to legalise cannabis expected to create ‘domino effect’

Coalition government consults health experts, economists and growers in race to clear legal hurdles within two years

Brexit led to 14% fall in UK exports to EU in 2021, trade figures say

Goods and services exported to bloc affected by return of customs border, EU commissioner says

UK power stations owner seeks German state aid

Uniper in talks for emergency support as share price tumbles after Russia slashes gas supplies

UK contingency plan to shut gas pipelines to Europe would be madness

As European operators know, gas pipelines that flow in either direction according to need is firmly in UK interests

Britain may stop supplying gas to mainland Europe if hit by shortages

National Grid could cut off pipelines to Netherlands and Belgium amid Russia-Ukraine war pressures

Global energy price cap: market manipulation whose time has come?

Analysis: It may sound like Marxism, but the proposal aimed at taming prices and cutting Putin’s funds came from the G7

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