European imports of seaborne gas shipments fell by a fifth last year to their lowest level since the pandemic, according to a new report, while the UK’s plunged by nearly a half, but governments are continuing to spend billions on new import terminals. The Institute for Energy Economics and Financial Analysis (IEEFA) found that Europe’s…

A Southwest Airlines Boeing 737 passenger plane taxis along the tarmac at the Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia on December 13, 2024. Daniel Slim | Afp | Getty Images Southwest Airlines said Monday that it is cutting about 15% of corporate jobs, or about 1,750 people, a move its CEO called…

First responders work at the Delta Air Lines plane crash site at Toronto Pearson International Airport in Mississauga, Ontario, Canada February 17, 2025. Arlyn Mcadorey | Reuters At least 15 people were injured after a Delta Air Lines regional jet crashed upon landing at Toronto Pearson International Airport Monday afternoon, officials said. All 80 people…

Meta has announced plans to build the world’s longest underwater cable project, which aims to connect the US, India, South Africa, Brazil and other regions. The tech company said Project Waterworth involved a 50,000km (31,000-mile) subsea cable, which is longer than the Earth’s circumference. The cable would be the longest to date that uses a…

Donald Trump’s return to the White House is so far proving more nightmarish for US allies and friends than adversaries. China certainly doesn’t relish a trade war with the US, but it was better prepared than others for Mr Trump’s tariffs, and both sides appear to be leaving room for a potential deal. And, though…

Rachel Reeves was dealt a fresh blow on Monday when her attempt to intervene in a high-profile supreme court case and curb a potential £44bn bill for lenders caught up in the car loan commissions scandal was rejected. Judges at the supreme court rejected the chancellor’sapplication, lodged last month, in which she urged them to…

Trade between Great Britain and Ireland dropped more than €6bn in 2024 as post-Brexit frictions hit shipments across the Irish Sea. The value of imports and exports between the nations fell to about €32bn last year, down from €38bn in 2023, according to Ireland’s Central Statistics Office. A near-€3bn drop in chemical exports from Ireland…

It has been one of the few political constants in a turbulent period for British politics: an agreement that defence spending really should increase. But in the second era of Donald Trump, what was a consensual background hum has suddenly become an ear-splitting alarm. European Nato members, the UK among them, have long been used…

The greatly increased difficulty for young adults of either buying a home or finding a long-term, affordable tenancy is both a generational and socioeconomic injustice, and a serious political problem. Sir Keir Starmer’s government knows this and hopes its commitment to build 1.5m new homes will shore up support among voters. Making people more secure, so that disappointment and…