UK economy shrank 0.1% in April as Iran conflict weighed on growth
The figure was in line with economists’ expectations.
Economic news
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Norway challenges EU to call US gas ‘safer’ than Arctic reserves
PM Jonas Gahr Støre tells FT that Europe should seek energy security as he presses bloc to scrap drilling ban in High North
How Elon Musk always wins
The SpaceX IPO has proven the billionaire’s adeptness at bending Wall Street to his will
Trading firm DRW suffered sharp loss on power market as prices gyrated
Group took $176mn hit and parted ways with its head electricity and gas trader as winter volatility battered positions