News

Oil price soars and stocks slump as Iran vows revenge over gas field attack

Today

Oil prices surged and stock markets slumped yesterday as Iran vowed to retaliate for an attack on its huge Pars gas field.

The £100 contactless payment limit scrapped today - will your bank switch off the cap?

Today

Banks can now set their onwn contactless payment limits for customers from today March 19 under new plans from financial watchdog the Financial Conduct Authority (FCA).

Shortage of mechanics threatens to push up car repair costs as sector fails to attract young workers

Today

Almost three quarters of professionals within the industry said it is taking longer to fix vehicles because of an understaffing crisis that could soon cause a spike in garage bills.

Mortgage misery as 'Trumpflation' batters Britain: Bank of England tipped to HIKE rates this summer

Yesterday

The US Federal Reserve, led by Jerome Powell, pictured, left rates on hold and said that the impact of the war on the economy remained 'uncertain'.

Rolls-Royce axes 2030 all-electric deadline as it pledges to stick with its traditional V12 petrol engines

Yesterday

Rolls-Royce chief exec Chris Brownridge attributed the turnaround to a softening in government rules on the timetable for a transition to electric.

Central banks hold fire: Don't expect rock-bottom interest rates to help us through the Iran war, says ALEX BRUMMER

Yesterday

Economic decision-making in wartime is hard. This is particularly true when the conflicts involve energy suppliers as is the case now, and was true in 2022.

Rolls-Royce vows to stick with potent 12-cylinder petrol engines as it shelves plan to go electric in 2030

Yesterday

Prestige car maker says softening of government regulatory rules on the transition to electric and continued demand for big petrol engines from super-rich customers has driven the decision.

Mining giant BHP names new boss as it shifts focus to eco-friendly copper

Yesterday

BHP has named Brandon Craig as its new chief executive as the world's largest mining company shifts its focus to copper production.

Britain's oldest brewer cuts pub opening hours and puts up prices after Labour tax and wage hikes

Yesterday

Shepherd Neame, which runs 285 pubs in Kent and the South East of England, said the industry has been hit with 'disproportionate' tax hikes over the last couple of years.

Treasury DEFENDS inheritance tax raid on family farms and businesses after tractors descend on High Court

Yesterday

Lawyers for the government argued the pledge to consult those affected by tax changes only applies 'where possible'.

Bank of England to hold interest rates as 'Trumpflation' pushes annual mortgage costs £800 higher

Yesterday

The central bank had been widely expected to cut rates this month before the war with Iran began, but they are likely to delay this as they assess the impact of an energy shock.

McDonald's launches trading cards with selected meals - and some of the rarest are already listed on eBay for HUGE sums

Yesterday

McDonald's has tapped into the surge of interest around trading cards and this week launched packets of their own designs with selected meals.

More than 300,000 Britons are at risk of redundancy this year as businesses battle higher costs amid Iran war

Yesterday

While the results of the FOI request showed that 2025 was the worst year since the Covid-19 pandemic in 2020 for planned or completed redundancies, the picture is looking worse for 2026.

Britons continue to cash in jewellery as gold price soars, says pawnbroker Ramsdens

Yesterday

Based on the current geopolitical and economic climate, Ramsdens believes that the gold price 'could remain elevated' throughout the second half of this year.

BMW i3 is the longest-range electric car on the planet: New £50k saloon can go 559 miles on a full charge

Yesterday

It will blow existing electric rivals - like the Tesla Model 3 and Polestar 3 - out of the water and is expected to gazump the range of the forthcoming 435-mile C-Class EQ from biggest rival, Mercedes-Benz.

The fastest way to make £10k: We've given five experts £500 each to put into betting, crypto, stocks, furniture and Vinted in a unique race

Yesterday

It takes money to make money, they say. We are giving five contestants £500 each and asking them to turn it into £10,000 - as quickly as they can.

North Sea oil producer warns of investment 'hiatus' as Labour tax raid sends it plunging into the red

Yesterday

Ithaca Energy posted losses of £63million for 2025 - having made a profit of £115million the previous year - after it took a £245million hit from the extension of the windfall tax to 2030.

Jaecoo takes another leaf out of JLR's book with Black Edition of its 'Temu Range Rover' - and it's considerably cheaper

Yesterday

The Jaecoo 7 viral sensation Chinese SUV, dubbed the 'Temu Range Rover', is launching in a stealth mode Black Edition. You'll be able to snap up the dramatic SUV from May.

Unilever eyes food business spin-off as it pins hopes on beauty business

Yesterday

The consumer goods giant owns a sprawling portfolio of brands across food, beauty and personal care, but is exploring a further selloff of its food assets, according to Bloomberg.

Why the deadline to open an Isa is actually March 26 this year: SYLVIA MORRIS

Yesterday

If you're leaving it until the last minute to open a cash Isa, you may need to act before March 26 - a full ten days before the deadline.

The latest news