UK natural gas prices eased back a little in early trading on Friday, having jumped more than a fifth on Thursday.
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Gilt sell off deepens after worse than expected public finance data
by News Roomby News Room“Higher oil and gas prices would lift North Sea revenues, and stronger inflation could boost receipts from VAT and frozen tax allowances, but those gains would likely be outweighed by…
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Government borrowing sees surprise surge amid fears of squeeze from Iran war
by News Roomby News RoomThe Office for National Statistics said public sector borrowing stood at £14.3 billion in February – £2.2 billion higher than a year ago.
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The FTSE 100 index closed down 241.79 points, 2.4%, at 10,063.50.
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Easter egg shoppers facing shrinkflation double whammy, warns Which?
by News Roomby News RoomA spokesperson for Mars Wrigley – which owns the Galaxy, M&Ms and Maltesers brands – also told Which?: “We always aim to absorb rising costs wherever possible, however, ongoing pressures,…
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Interest rate cuts not on the horizon, Bank of England governor says
by News Roomby News RoomAsked if he has a message for US President Donald Trump, Israeli Prime Minister Benjamin Netanyahu, and “whoever’s in charge in Tehran”, Mr Bailey said: “The best thing we can…
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For many small and medium-size enterprises (SMEs), the beginning of spring means one thing – the end of the financial year, and a rush to get everything in order. It’s…
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Households facing ‘fresh blow to budgets’ as inflation forecasts are hiked
by News Roomby News RoomLucian Cook, head of residential research at property firm Savills, said: “Hopes of easing inflation and future rate cuts have been knocked back by renewed pressure on oil prices, with…
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FTSE 100 Live 19 March: Markets in red as oil hits $114, wage growth at five-year low
by News Roomby News RoomStock markets are deep in the red after gas and oil prices spiked in response to attacks on energy facilities in the Middle East.
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Ed Miliband calls for fairness in business energy contracts amid Iran crisis
by News Roomby News Room“To ensure we do not see unfair practices continuing, in the upcoming Energy Independence Bill we will be bringing in new regulation of third-party intermediaries, such as energy brokers and price comparison websites, as…