Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that...

Economic output fell 0.2 percent in the third quarter as the services and production industries slowed.

The rise in consumer prices hit another record in October, with more than half of the countries that use the euro registering double-digit increases.

The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.