Business

Iran war: Oil suffers biggest one-day gain in six years as stocks plunge

The price of oil has clocked its biggest single-day gain in six years - with Brent crude surging by more than 20% to $114 (£85) a barrel.

Zero growth in January as economic outlook clouded by war-linked inflation threat

The UK economy grew by 0.2% in the three months to January but with zero growth that month, according to official figures, as the prospects ahead are…

Trade war: UK among economies included in fresh investigation

The UK has been included in a fresh US trade investigation that could result in new tariff pressure being applied to dozens of countries.

Barcelona doubling tourist tax from next month

Tourists in Barcelona could be taxed €15 a night from April as the city doubles its tourism fee.

British fragrance entrepreneur Jo Malone facing legal action over use of her own name

British fragrance entrepreneur Jo Malone is facing legal action over the use of her own name by cosmetics giant Estee Lauder Companies.

Oil rebounds above $100 as market counts cost of attacks on energy

Iran's targeting of Middle East energy has driven oil prices back above the $100 a barrel level, with market experts expressing increased alarm over…

John Lewis Partnership hands out first annual bonus in four years

The John Lewis Partnership (JLP) has announced its first annual bonus since 2022 following further progress in its post pandemic turnaround .

Extraordinary IEA announcement not enough to bring down oil price

The International Energy Agency (IEA), the developed nation body founded in the 1970s to deal with oil crises precisely like the one we're now facing,…

Frozen proceeds of Roman Abramovich's Chelsea FC sale 'investigated in Jersey'

The frozen proceeds of Roman Abramovich's sale of Chelsea are being investigated in Jersey over whether they "amount to the proceeds of crime", according…

Dark ships and shadow fleets – what is crossing 'closed' Strait of Hormuz?

Iran's move to shut the Strait of Hormuz has brought shipping through the 24-mile stretch of water close to a standstill.

Fuel retailers 'losing money' on diesel as prices spike

Some fuel retailers are "losing money" on diesel sales following the spike in wholesale prices witnessed since the start of the Middle East conflict,…

Sneaky tactics, pointless 8K and the brands experts have at home: Don't buy a TV without reading this

Did you know spring is one of the cheapest times of the year to buy a new TV?

Sainsbury's worker wins £12,000 after boss's social media post about 'showing up'

A Sainsbury's store manager has won £12,000 after an International Men's Day social media post left him feeling "humiliated and violated".

Food prices could rise within weeks - but the 'big worry' is that they won't come back down

Food prices could rise within weeks if the Iran war continues and there is a "big worry" that they won't come back down, a trade expert has warned.…

Iran war: The outlook for your finances - whether hostilities end or not

Donald Trump has raised hopes that the US-Israel military strikes on Iran may soon be over.

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