A report by Offshore Energies UK warned maintaining domestic supply is essential for energy security and affordability.
Business
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Business
Chancellor to set out action as surging prices spark profiteering fears
by News Roomby News Room“We absolutely need to bear down on it, and so we’re actively considering whether the CMA should have additional powers to deal specifically with that, but at the moment, we’re…
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US President Donald Trump said he had instructed strikes against Iranian energy sites to be postponed for five days, and that talks were under way.
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Business
National Lottery could roll out new draw within weeks after £450m tech upgrade
by News Roomby News RoomNew player protections have been brought in including mandatory personal deposit and spend limit settings, as well as automatic logouts after 60 minutes, with a 10-minute cooling-off period, and regular…
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Business
FTSE 100 Live 23 March: Index slump continues, oil price higher as gold slides
by News Roomby News RoomLondon shares have continued to fall after the US and Iran exchanged fresh threats over energy infrastructure and the Strait of Hormuz.
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Businesses are already struggling — but Tube strikes and the Iran war could tip many over the edge
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Business
Many households ‘will only have cleared their Christmas debt in the weeks ahead’
by News Roomby News RoomFestive generosity can ‘quietly follow households well into the new year’, according to budgeting tool IE Hub.
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Lifetime and retirement interest only mortgages could play a greater role in future, the Financial Conduct Authority said.
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Business
UK inflation steady pre-Iran war but cost-of-living ‘hump’ on horizon
by News Roomby News RoomThe rate of Consumer Prices Index inflation has been gradually easing back towards the Bank of England’s 2% target level since last summer.
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The FTSE 100 has lost 342.77 points, 3.3%, over the week.