Public confidence in Bank of England’s inflation strategy hits record low
Central bank receives worst rating since 1999 ahead of vote on new interest rate riseCentral banks
Electric vehicle uptake faces major obstacles, despite rosy projections
Also in today’s newsletter, extreme weather spells trouble for Asian textile producersElectric vehicles
How social media killed the protest
For a certain kind of activist, politics has been reduced to pure performanceSocial Media
EU warns of ‘possible’ Chinese retaliation over electric car probe
Brussels is wary that Beijing could target specific sectors in individual countries of the blocElectric vehicles
Miami firm 777 Partners agrees to buy Everton football club
Deal marks the latest American investor to buy into the English Premier LeagueTravel & leisure industry, Mergers & Acquisitions
EU tries to buy time in electric car race with China
Europe’s carmakers fear being eclipsed by Chinese rivals with superior battery technology Electric vehicles
Will higher interest rates leave economic scars?
Two new studies argue that even if they depress inflation, they could hurt innovation and growth Central banks
The Hollywood power brokers in line for a $200mn windfall
Plus, the litigation powerhouse that took on Argentina and Peter Orszag plots a comeback for LazardMergers & Acquisitions