Oil price surges towards $100 as Middle East ceasefire begins to unravel
Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threat...
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Business
Vinted breaks the billion-euro barrier as thrifty shoppers embrace second-hand fashion
Vinted revenues rose 38 per cent to €1.1bn as cash-strapped consumers turn to second-hand fashion, with the UK now its s...
Harrods Estates shuts up shop after 130 years as tax raids on wealthy overseas buyers take their toll
Harrods Estates has shut its doors after 130 years, citing falling demand in London's luxury property market driven by s...
The spectre of stagflation returns as Britain’s private sector grinds to a near-halt
Britain's private sector barely grew in March as the Middle East conflict drives up costs and dampens confidence, raisin...
John Lewis chairman’s pay climbs 21% to £1.2m as 3,300 roles disappear across the partnership
John Lewis Partnership chairman Jason Tarry received a 21% pay rise to £1.2m while the retailer shed 3,300 jobs across i...
Britain smashes solar records as ministers greenlight country’s largest solar farm
Britain set new solar generation records on consecutive days this week, hitting 14.4GW, as the government approved the S...
Monzo co-founder backs pension start-up Compound in £500,000 raise to shake up workplace savings
Workplace pension start-up Compound has raised £500,000 with backing from Monzo co-founder Paul Rippon and Fuel Ventures...
New North Sea oil fields would “send a shock wave around the world”, climate experts warn
Senior climate figures warn that opening new North Sea oil and gas fields would imperil global climate targets, encourag...
SpaceX woos the small investor as Musk eyes the biggest flotation in stock market history
SpaceX is planning the largest IPO in history, targeting a $2tn valuation with up to 30% of shares reserved for retail i...
UK petrol prices approach 155p a litre as Iran conflict drives fuel costs to highest level in over two years
UK petrol prices have surged to nearly 155p a litre amid the Iran conflict, with diesel at its highest since late 2022....
Thousands of growing firms freed from IR35 burden – but freelancers warned not to underprice
New IR35 rules from April 2026 raise the small company threshold, shifting tax compliance back to freelancers. Here’s wh...
Government’s £100m pledge for innovators dismissed as a drop in the ocean after £25bn National Insurance raid
The government has announced £100m in new investment for start-ups and scale-ups through expanded EIS, VCT and EMI schem...
Manufacturers bracing for £1 billion business rates bombshell as April cost crisis deepens
UK manufacturers face a £1 billion surge in business rates from April 2026, with Make UK warning that 25,000 jobs are at...
Don’t fear AI job losses – invest in training, urges Google’s UK boss
Google's UK managing director Kate Alessi dismisses fears of AI-driven mass unemployment, arguing that upskilling the wo...
Higher defence spending could unlock £30bn annual boost for UK economy
EY analysis reveals that raising UK defence expenditure to up to 5% of GDP by 2035 could generate £30bn a year in additi...
Oil price surges past $111 as Strait of Hormuz deadline looms
Brent crude climbs above $111 a barrel as fears grow that US-Iran negotiations may collapse before President Trump's Wed...
Bristol’s new arena sets sights on hosting the Brit Awards
Bristol's new 20,000-seat Aviva Arena, built on Concorde's former home at Filton Airfield, aims to host the Brit Awards...
Businesses shoulder £200 billion National Insurance bill as payroll tax receipts surge 40% since pandemic
HMRC data reveals national insurance contributions have risen nearly 40% to £198bn since 2019-20, as employer NIC hikes,...