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In the late 1990's, observations of 93 Type Ia supernovae were analysed in the framework of the FLRW cosmology assuming these to be `standard(isable) candles'. It was thus inferred that the Hubble expansion rate is accelerating as if driven by a positive Cosmological Constant $\Lambda$. This is still the only direct evidence for the `dark energy' that is the dominant component of the standard $\Lambda$CDM cosmological model. Other data such as BAO, CMB anisotropies, stellar ages, the rate of structure growth, etc are all `concordant' with this model but do not provide independent evidence for accelerated expansion. Analysis of a larger sample of 740 SNe Ia shows that these are not quite standard candles, and highlights the "corrections" applied to analyse the data in the FLRW framework. The latter holds in the reference frame in which the CMB is isotropic, whereas observations are made in our heliocentric frame in which the CMB has a large dipole anisotropy. This is assumed to be of kinematic origin i.e. due to our non-Hubble motion driven by local inhomogeneity in the matter distribution. The $\Lambda$CDM model predicts how this peculiar velocity should fall off as the averaging scale is raised and the universe becomes sensibly homogeneous. However observations of the local `bulk flow' are inconsistent with this expectation and convergence to the CMB frame is not seen. Moreover the kinematic interpretation implies a corresponding dipole in the sky distribution of high redshift quasars, which is rejected by observations at 4.9$\sigma$. The acceleration of the Hubble expansion rate is also anisotropic at 3.9$\sigma$ and aligned with the bulk flow. Thus dark energy may be an artefact of analysing data assuming that we are idealised observers in an FLRW universe, when in fact the real universe is inhomogeneous and anisotropic out to distances large enough to impact on cosmological analyses., Comment: 14 pages, 4 figures, 4 tables

We propose a new class of metastable dark energy (DE) phenomenological models in which the DE decay rate does not depend on external parameters such as the scale factor or the curvature of the Universe. Instead, the DE decay rate is assumed to be a constant depending only on intrinsic properties of DE and the type of a decay channel, similar to case of the radioactive decay of unstable particles and nuclei. As a consequence, the DE energy density becomes a function of the proper time elapsed since its formation, presumably in the very early Universe. Such a natural type of DE decay can profoundly affect the expansion history of the Universe and its age. Metastable DE can decay in three distinct ways: (i) exponentially, (ii) into dark matter, (iii) into dark radiation. Testing metastable DE models with observational data we find that the decay half-life must be many times larger than the age of the Universe. Models in which dark energy decays into dark matter lead to lower values of the Hubble parameter at large redshifts relative to $\Lambda$CDM. Consequently these models provide a better fit to cosmological BAO data (especially data from from high redshift quasars) than concordance ($\Lambda$CDM) cosmology., Comment: 12 pages, 8 figures, 2 tables, matches the final version published in MNRAS