Business

The West Sussex airport reported pre-tax profits of £422.9 million in 2025, down 7.3% from £456.4 million in the previous year.

A report commissioned by the Residential Freehold Association estimates the policy could wipe up to £18.7 billion from ground rent investment values.

There was ‘clear evidence’ of the rental market becoming more balanced after a peak in competition seen in 2022 and 2023, Zoopla said.

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24.

The Type 45 destroyer has left Portsmouth to bolster the UK’s defences around Cyprus.

Neil Wilson, a senior strategist at Saxo, said: “Volatility will persist and we now should note risks from escalatory shocks which would hit bonds and stocks and force up oil…

Stock markets rallied today after the price of Brent Crude fell back towards $90 a barrel.

Oil prices have soared since the US and Israel began strikes on Iran, exceeding 100 dollars per barrel on Monday.

Soumen Das, co-chair of the Parker Review Steering Committee, said: “As we transition to a new leadership and move into the next phase of the Review’s work, our focus will…

The Chancellor said she was ready to support a ‘co-ordinated release’ of international oil reserves.