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Plus, Fed and BoE set to sit tight, Big Tech reports earnings, and the UK’s Lords vote on Rwanda bill

It is time to ask tough questions about wealth and income concentration

Get the macroeconomic policy wrong and you risk entrenching divides that need dealing with now

‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

International Energy Agency says situation is ‘fluid and substantial risks remain’

Private equity-backed deal continues wave of tie-ups in sports and talent representation industry

Traders debate whether weak US data could push central bank into rapid interest rate cuts

Revelation comes days after Dutch group announced sale of its US subsidiary for $650mn

Taxi drivers now obliged to join other professions in accepting card payments

And it’s almost 50-50 even if they don’t