Business & Economy

Published: 09 May 2026. The English Chronicle Desk. The English Chronicle Online. One of Britain’s oldest vocational education institutions has become embroiled in an escalating governance crisis after trustees of the City & Guilds London Institute were accused of attempting to delay accountability over the controversial £166 million sale of its training and accreditation business. The dispute has triggered growing concern among members, education figures and governance observers, with critics...

Published: 09 May  2026. The English Chronicle Desk. The English Chronicle Online Norway is reinforcing its position as a key energy supplier to Europe, with officials confirming plans to maintain and expand offshore oil and gas production amid ongoing global instability linked to conflicts in Ukraine and the Middle East. Norway’s energy policy, led by Energy Minister Terje Aasland, has taken a clear stance that the country will continue developing...

Published: 08 May 2026. The English Chronicle Desk. The English Chronicle Online. Donald Trump has decided to soften his recent stance regarding the ongoing trade negotiations. The president previously threatened to dismantle significant portions of the current agreement with European leaders. He specifically focused on increasing the tariffs placed on automobiles imported from various European nations. This shift in rhetoric comes as a surprise to many observers in the capital....

Published: 8 May 2026. The English Chronicle Desk. The English Chronicle Online As the global community enters the third month of the most "nasty and mischievous" geopolitical crisis of the decade, a "clinical" and "divergent" economic reality has emerged. While the 2026 Iran war has left millions of households in a "resilience deficit"—facing record-high energy bills and a "medication desert" of economic uncertainty—a select group of global giants are reporting...

Published: 8 May 2026. The English Chronicle Desk. The English Chronicle Online In a "national security emergency" for global household budgets, a "milestone" series of earnings reports has revealed the "asymmetric" winners of the 2026 Iran war. While millions face a "resilience deficit" at the petrol pump and the grocery store, a "divergent" group of energy majors, defense contractors, and financial institutions are reporting a "160 MPH clip" of profit...

Published: 07 May 2026. The English Chronicle Desk. The English Chronicle Online. The democratic process in Scotland faces an unexpected broadcast silence today during the election. Journalists and technical staff at STV have commenced a significant walkout over a pay freeze. This strike action targets one of the most critical days in the Scottish political calendar. Approximately one hundred and twenty union members are currently participating in this high-profile industrial...

Published: 7 May 2026. The English Chronicle Desk. The English Chronicle Online In a "clinical" and "divergent" reversal of the year’s most "nasty" financial trend, global markets have staged a "milestone" rally today following reports that a "humanitarian" deal to end the Iran war is imminent. Brent crude, which had been trading at a "160 MPH clip" toward record highs, plunged by over $8 a barrel in a single session,...

Published: 07 May 2026. The English Chronicle Desk. The English Chronicle Online. The European artificial intelligence landscape currently stands at a very critical and defining crossroads. Industry experts now warn that local firms risk losing their prestigious world-leading global status. This growing concern follows a major decision by a prominent German translation technology startup. DeepL recently chose to partner with the massive cloud computing division of American giant Amazon. This...

Published: 7 May 2026. The English Chronicle Desk. The English Chronicle Online As Shell and BP report a "160 MPH clip" of surging profits fueled by the Iran war, the "sacred" debate over the Windfall Tax—officially known as the Energy Profits Levy (EPL)—has returned to a "national security emergency" level of intensity. With households facing a "resilience deficit" due to skyrocketing heating bills, the government is under pressure to "recalibrate"...

Published: 7 May 2026. The English Chronicle Desk. The English Chronicle Online In a "national security emergency" for global energy consumers, Shell Plc has become the final Western oil supermajor to report a "milestone" surge in earnings. The London-based giant posted adjusted first-quarter earnings of $6.92 billion (£5.1 billion), smashing analyst expectations and bypassing the "bottleneck" of production outages caused by the ongoing Iran war. While the conflict has damaged...