The grand challenges of contemporary fundamental physics—dark matter, dark energy, vacuum energy, inflation and early universe cosmology, singularities and the hierarchy problem—all involve gravity as a key component. And of all gravitational phenomena, black holes stand out in their elegant simplicity, while harbouring some of the most remarkable predictions of General Relativity: event horizons, singularities and ergoregions. The hitherto invisible landscape of the gravitational Universe is being unveiled before our eyes: the historical direct detection of gravitational waves by the LIGO-Virgo collaboration marks the dawn of a new era of scientific exploration. Gravitational-wave astronomy will allow us to test models of black hole formation, growth and evolution, as well as models of gravitational-wave generation and propagation. It will provide evidence for event horizons and ergoregions, test the theory of General Relativity itself, and may reveal the existence of new fundamental fields. The synthesis of these results has the potential to radically reshape our understanding of the cosmos and of the laws of Nature. The purpose of this work is to present a concise, yet comprehensive overview of the state of the art in the relevant fields of research, summarize important open problems, and lay out a roadmap for future progress. This write-up is an initiative taken within the framework of the European Action on ‘Black holes, Gravitational waves and Fundamental Physics’.

We obtain the Lifshitz UV completion in a specific model for $z=2$ Lifshitz geometries. We use a vielbein formalism which enables identification of all the sources as leading components of well-chosen bulk fields. We show that the geometry induced from the bulk onto the boundary is a novel extension of Newton-Cartan geometry with a specific torsion tensor. We explicitly compute all the vacuum expectation values (VEVs) including the boundary stress-energy tensor and their Ward identities. After using local symmetries or Ward identities the system exhibits 6+6 sources and VEVs. The Fefferman-Graham expansion exhibits, however, an additional free function which is related to an irrelevant operator whose source has been turned off. We show that this is related to a second UV completion.

For a specific action supporting z = 2 Lifshitz geometries we identify the Lifshitz UV completion by solving for the most general solution near the Lifshitz boundary. We identify all the sources as leading components of bulk fields which requires a vielbein formalism. This includes two linear combinations of the bulk gauge field and timelike vielbein where one asymptotes to the boundary timelike vielbein and the other to the boundary gauge field. The geometry induced from the bulk onto the boundary is a novel extension of Newton-Cartan geometry that we call torsional Newton-Cartan (TNC) geometry. There is a constraint on the sources but its pairing with a Ward identity allows one to reduce the variation of the on-shell action to unconstrained sources. We compute all the vevs along with their Ward identities and derive conditions for the boundary theory to admit conserved currents obtained by contracting the boundary stress-energy tensor with a TNC analogue of a conformal Killing vector. We also obtain the anisotropic Weyl anomaly that takes the form of a Hořava-Lifshitz action defined on a TNC geometry. The Fefferman-Graham expansion contains a free function that does not appear in the variation of the on-shell action. We show that this is related to an irrelevant deformation that selects between two different UV completions.

Carroll symmetry arises from Poincaré symmetry upon taking the limit of vanishing speed of light. We determine the constraints on the energy-momentum tensor implied by Carroll symmetry and show that for energy-momentum tensors of perfect fluid form, these imply an equation of state E+P=0 for energy density plus pressure. Therefore Carroll symmetry might be relevant for dark energy and inflation. In the Carroll limit, the Hubble radius goes to zero and outside it recessional velocities are naturally large compared to the speed of light. The de Sitter group of isometries, after the limit, becomes the conformal group in Euclidean flat space. We also study the Carroll limit of chaotic inflation, and show that the scalar field is naturally driven to have an equation of state with w = − 1. Finally we show that the freeze-out of scalar perturbations in the two point function at horizon crossing is a consequence of Carroll symmetry. To make the paper self-contained, we include a brief pedagogical review of Carroll symmetry, Carroll particles and Carroll field theories that contains some new material as well. In particular we show, using an expansion around speed of light going to zero, that for scalar and Maxwell type theories one can take two different Carroll limits at the level of the action. In the Maxwell case these correspond to the electric and magnetic limit. For point particles we show that there are two types of Carroll particles: those that cannot move in space and particles that cannot stand still.