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Oil, gas and borrowing costs surge as fears over Middle East escalate
The price of oil has jumped to $105 a barrel amid signs the conflict in the Middle East will not be resolved quickly, fuelling fears that inflation could accelerate.
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The price of oil has jumped to $105 a barrel amid signs the conflict in the Middle East will not be resolved quickly, fuelling fears that inflation could accelerate.
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At the turn of the year 2025-26, economic growth surprised on the upside while financial market sentiment remained strong despite high uncertainty. The war in the Middle East is now putting this resilience to the test. …
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Welcome to Michael Kramer's pick of the key market events to look out for in the week beginning Monday 8 June.
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Catie and Phil Allen should have been enjoying their first holiday in two-and-a-half years. Instead, they are at home ringing round for refunds that won't be paid.
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European Central Bank (ECB) Executive Board member Isabel Schnabel said on Tuesday that the ongoing conflict in the Middle East, persistently high energy costs, and surprisingly strong Eurozone economic performance mean…
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Mayors in England are set to be given the power to introduce an overnight visitor levy on tourists, under plans being announced by the government later.
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Russian President Putin says Russia has blocked a large enemy force in eastern Ukraine and it keeps striking Ukrainian ports and energy facilities; is preparing massive strikes on Ukraine's energy targets
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Primark has said it plans to launch a home delivery service in Britain, four years after it made its first foray into e-commerce.
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The upward march in bond yields continues to drive the market narrative. But the logic has shifted. The initial move began in the early summer with a Federal Reserve that investors initially perceived as hawkish, but a …
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The TUC says a bank surcharge should be reversed - and estimates it would raise £9bn over four years.
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The TUC says a bank surcharge should be reversed - and estimates it would raise £9bn over four years.
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AI agents went on an uncontrolled hacking spree, leaving some in the industry worried
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Apple has revealed its first folding iPhone with a starting price of $2,000 (£1,475).
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NEW YORK—Oil prices shot past $100 a barrel Wednesday as fighting between the U.S. and Iran escalated, threatening to increase costs for consumers and businesses worldwide.
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The average price of unleaded petrol has risen by 5p a litre in the space of a week, according to the RAC, which warned there was "no sign of any relief" for drivers.
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Bill Dudley started his career on Wall Street at Goldman Sachs as its chief U.S. economist, notably advising bond traders on the economy and inflation, and what the Federal Reserve would be likely to do on interest rate…
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Learner drivers have to wait an average 20 weeks before booking a practical test, according to new figures, despite attempts to reduce delays.
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A top safety researcher at Anthropic has warned that AI is advancing so quickly he believes there is a greater than 10% chance it "could kill all humans" within the next decade.
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Thousands of air passengers have seen their travel plans disrupted after an air traffic control problem grounded nearly 2,000 flights across the UK.
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A rogue builder tore Sheri Ingram's home apart and "disappeared off the face of the Earth" with £14,000.
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The US is banning a slew of Canadian products, including alcoholic spirits, dairy goods and motorbikes, as its neighbour's retaliatory tariffs on American goods come into force.
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Data from the National Bureau of Statistics (NBS) show that in August, affected by factors such as changes in international market prices and seasonal increases in food prices, the Consumer Price Index (CPI) shifted fro…
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A Singaporean man pleaded guilty on Tuesday to a racketeering conspiracy charge in the US for organising one of the biggest ever cryptocurrency thefts.
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But Erin Atkinson has already decided what should happen to her money and belongings when she dies.