Five Ukraine clubs failed to win similar payments due to allegedly being located in ‘zone of military operations’. Uefa has paid more than €10.8m (£9.4m) in “solidarity” funds to Russian football clubs since they were banned from taking part in European tournaments after the Kremlin’s invasion ofUkraine. The payments were…

US banks have already pulled out of NZBA, the UN environment programme’s finance initiative Barclays has become the second UK bank to withdraw from a UN-backed net zero target-setting group, claiming that a wave of defections by international lenders meant it was no longer fit for purpose. It marks a…

Figures add to pressure on Bank of England to cut interest rates when it meets on Thursday The UK’s dominant services sector has reported its biggest drop in new orders in almost three years in July, adding to pressure on the Bank of England to cut interest rates on Thursday….

The US president’s increased ‘reciprocal’ tariffs on dozens of countries came into effect at a minute past midnight Washington time on Thursday. “Reciprocal” tariffs ranging from 10% to 41% on imports into the US from dozens of countries have come into effect, as part of Donald Trump’s accelerating trade war….

Donald Trump’s latest wave of ‘reciprocal’ levies were in place as of a minute past midnight Washington time on Thursday. Dozens of countries face higher taxes on their exports to the US now that Donald Trump’s latest wave of country-specific tariffs has come into force. The sweeping “reciprocal” levies announced…