London food suppliers face rising costs and disrupted imports as the Iran war drives up fuel prices and strains global supply chains. Read more: Iran war drives up costs and disrupts supply for London’s food markets
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Sir Jim Ratcliffe’s Ineos reports $593m loss and skips dividend as energy volatility and Middle East tensions drive up costs and risks. Read more: Ineos losses widen to $593m as Ratcliffe halts dividend amid energy turmoil
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Octopus Investments plans to cut around 20% of staff as it accelerates AI adoption, highlighting growing disruption across the asset management sector. Read more: Octopus Investments to cut 20% of staff as AI reshapes asset management
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UK petrol prices are set to exceed £1.50 per litre as oil costs surge after the Iran conflict, with diesel rising even faster, warns the RAC. Read more: Petrol set to top £1.50 a litre as Iran war drives fuel price surge
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The US has warned Keir Starmer’s plans to align with EU rules could disrupt UK-US trade, raising concerns over future economic ties. Read more: US warns Starmer’s EU reset could strain UK trade ties
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Next will invest £300m in UK warehouses, including a new Yorkshire site, as it targets £2.5bn economic boost and accelerates online growth. Read more: Next to invest £300m in UK logistics as new warehouse set to deliver £2.5bn boost
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Over 2,000 North Sea jobs are set to be saved after HMRC drops its challenge to Petrofac’s restructuring deal, clearing the way for a sale to CB&I. Read more: North Sea jobs safeguarded as HMRC drops challenge to Petrofac rescue deal
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Co-op CEO Shirine Khoury-Haq is stepping down after reporting losses, a major cyberattack and allegations of a toxic workplace culture. Read more: Co-op chief executive steps down amid culture concerns and cyberattack fallout
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Vodafone faces a landmark £85m High Court claim from franchisees alleging mistreatment, with MPs calling for tighter regulation of the UK franchise sector. Read more: Vodafone faces £85m High Court battle as franchise row sparks political scrutiny
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UK inflation remained at 3% in February, but rising oil prices from the Iran conflict are expected to push inflation higher later this year. Read more: UK inflation holds at 3% ahead of expected post-war price surge
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