Fuel costs continue to rise across the UK, with diesel seeing the sharpest increases since the start of the Middle East conflict.
Fuel costs continue to rise across the UK, with diesel seeing the sharpest increases since the start of the Middle East conflict.
The escalating confrontation between the US and Iran has brought global markets to a pivotal moment, with risks extending far beyond geopolitics.
Oil prices tumbled and stocks rebounded after Donald Trump signalled progress in talks with Iran.
UK drivers are facing another hit at the pumps, with fuel prices climbing sharply amid ongoing tensions in the Middle East.
Diesel and petrol prices climb higher
Household energy bills could rise by around £250 a year from July as a result of the conflict with Iran, according to the industry trade body Energy UK.
Households could face a sharp rise in energy bills later this year as the surge in oil prices feeds through to consumer costs.
Oh wow indeed — that is a really close call from the Bank of England.
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.
The Bank of England risks falling behind the curve on interest rate cuts and may be forced to “play catch-up” next year if it delays action as inflation continues to
UK inflation fell by more than expected in November, strengthening the case for the Bank of England to cut interest rates this week, according to official data.
London stocks finished firmly higher on Wednesday, recovering from earlier losses as a rebound in technology shares and stronger-than-expected U.S. employment data boosted investor sentiment.