UK businesses expect higher inflation and fewer rate cuts as energy prices surge following the Iran war, according to Bank of England data. Read more: Inflation fears surge as rate cut hopes fade for UK businesses
Read Full Story →
Rising fuel prices risk pushing UK small businesses to collapse, with campaigners urging Rachel Reeves to cut fuel duty and reform pricing. Read more: Fuel price crisis risks pushing small firms to brink as pressure mounts on chancellor
Read Full Story →
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
Read Full Story →
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
Read Full Story →
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
Read Full Story →
BlackRock CEO Larry Fink warns oil at $150 could trigger a global recession, as energy costs, inflation and geopolitical risks reshape the economic outlook. Read more: Blackrock chief warns $150 oil could trigger global recession
Read Full Story →
UK factory costs have risen at their fastest pace since 1992 as energy prices spike, with PMI data showing growth slowing sharply and inflation risks mounting. Read more: UK factory costs surge at fastest rate since black wednesday amid energy shock
Read Full Story →
UK pubs could make just 3p profit per £1 spent on a pint as rising wages, energy and beer duty squeeze margins and threaten closures. Read more: UK pubs making just 3p profit per £1 as rising costs squeeze margins
Read Full Story →
UK manufacturers warn of collapsing domestic orders and rising costs, with firms raising prices at the fastest pace since 2023, according to Make UK. Read more: UK factories hit by ‘collapse’ in orders as costs surge across manufacturing sector
Read Full Story →
Rising petrol and diesel prices could force one in ten drivers to reduce hospital visits, according to a FairFuelUK survey of 37,000 motorists warning of wider economic impact. Read more: Fuel price surge could force one in ten drivers to cut hospital visits, survey warns
Read Full Story →