Italy’s Eni says Russian gas supply cut by half

Such a move would trigger a series of measures aimed at reducing consumption, including rationing the gas to selected industrial users under existing contracts, ramping up the production at coal power stations and asking for gas imports from other suppliers.

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Pound rises ahead of expected Johnson resignation

Kitty Ussher, chief economist at the Institute of Directors, the UK employers' group, said: "What business hates most is uncertainty and instability, which heightens the sense of external risk. Having said that, we recognise that this is an issue for the Conservative...

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Will Nadhim Zahawi change tack on the economy?

He acknowledged both he and the prime minister wanted a "low-tax, high-growth economy, and world class public services", but Mr Sunak said this could only be "responsibly delivered if we are prepared to work hard, make sacrifices and take difficult decisions".

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