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The UK government has announced what it calls 'bold action' to enhance the country's industrial competitiveness, addressing structural issues like high energy bills, though the assessment of its effectiveness is debated.
As the Iran War enters its fourth week, global energy prices continue to surge, with the oil market's seaborne buffer rapidly depleting, testing market optimism and leading Wall Street to confront an 'energy war', while G7 nations declare readiness to take all necessary measures to support global energy supply.
Europe and Asia will take an economic hit if the supply of Qatari LNG is halted by the closure of the strait of Hormuz Gas prices soar and oil jumps as Iran war pushes down global stock markets The…
The UK government's ambitious target to build 1.5 million new homes in England is reportedly suffering setbacks, with the country's largest housebuilder cutting land purchases and rising costs impacting progress.
Businesses are expressing dissatisfaction with the Chancellor's proposed solutions to the high cost of energy for industry, calling for more radical thinking and a stronger response.
JP Morgan is reportedly considering building a new office in Canary Wharf, London, with discussions ongoing regarding potential incentives and 'sweeteners' from the UK Treasury to secure the investment.
A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation Nils Pratley: A gas shock – not an oil shock – looks more…