How Iran war laid bare the world’s reliance on Gulf oil and gas
Countries around the world are feeling the impact of the conflict and the resulting energy price shock. Read More
Customer sues Costco for tariff refunds
The lawsuit is an indication of the complexities looming over a potential $166bn in tariff refunds. Read More
John Lewis to pay first staff bonus for four years
The department store and Waitrose supermarket owner will give workers a bonus equivalent to an extra week’s pay. Read More
Student loans inquiry to look at whether system is ‘unfair to graduates’
The Treasury Committee will look at whether “the goalposts [have] been moved in a way which is unfair”. Read More
Water company to pay £45m after ‘excessive’ sewage spills
The water supplier is set to pay a proposed £44.7m after “serious and unacceptable” sewage breaches. Read More
US launches probe into trading partners including the EU, China and India
The move comes weeks after the US Supreme Court struck down a key part of Trump’s tariffs policies. Read More
Countries agree to record release of emergency oil reserves as prices surge
The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began Read More
Mortgage rates rise and deals pulled over Iran war turmoil
Average mortgage rates hit highest since last August in the biggest upheaval since the mini-Budget. Read More
A small US grocer is calling out the lower prices at big chains
It is ‘impossible for us to compete’, says the boss of a New York grocery store. Read More
Fuel tax hike plan to be kept under review over Iran, says PM
Fuel duty on petrol and diesel is due to rise from September, when a 5p cut is phased out. Read More