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Middle East war ‘could wipe out 75% of chancellor’s budget headroom’; UK inflation climbs to 3.3% – as it happened

www.silverguide.site – Oil prices rise again above $100 a barrel as strait of Hormuz remains closed; EU energy commissioner warns energy crisis could last months or years even if there is peace…
Middle East war ‘could wipe out 75% of chancellor’s budget headroom’; UK inflation climbs to 3.3% – as it happened
business

UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years

www.silverguide.site – Annual March rate shows impact of Iran war, which also pushed up cost of food and air fares…
UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years
business

Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?

www.silverguide.site – The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest …
Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?
business

Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms

www.silverguide.site – Ministers also asked to alter compensation rights and suspend emissions trading scheme amid Middle East war…
Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms
business

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

www.silverguide.site – Kevin Warsh says ‘we need to take politics out of monetary policy’ as Elizabeth Warren calls him Trump’s ‘sock puppet’…
Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election
business

Shake-up will help UK motorists without driveways to charge EVs

www.silverguide.site – Green light likely for law allowing automatic approval for pavement ‘charging gullies’ to help boost EV take-up…
Shake-up will help UK motorists without driveways to charge EVs
business

Royal Mail invests £500m to tackle late deliveries as second-class post cut back

www.silverguide.site – Company promises to meet new delivery targets by next May after being fined last year for poor record…
Royal Mail invests £500m to tackle late deliveries as second-class post cut back
business

UK jobs market was in a fragile state – even before Iran war threatened recovery

www.silverguide.site – Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers…
UK jobs market was in a fragile state – even before Iran war threatened recovery
business

Primark to split from food business despite warning of Iran war impact

www.silverguide.site – ABF, which owns Kingsmill, Twinings and Patak’s, to demerge fashion chain to maximise shareholder returns…
Primark to split from food business despite warning of Iran war impact
business

Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened

www.silverguide.site – Rolling coverage of the latest economic and financial news…
Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened
business

UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years

www.silverguide.site – Bank of England expected to keep interest rates on hold as Iran war casts shadow over labour market…
UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years
business

Tequila overtakes gin as the UK’s favourite warm-weather spirit

www.silverguide.site – Publicans say celebrity-backed brands have helped the take-up of a ‘slightly lighter alternative’ to the classic G&T…
Tequila overtakes gin as the UK’s favourite warm-weather spirit
business

Polymarket in fundraising talks that could value the prediction platform at $15bn

www.silverguide.site – Bets placed on Middle East conflict has led to US firm experiencing big increase in volume…
Polymarket in fundraising talks that could value the prediction platform at $15bn
business

Victoria Beckham ties up with Gap as retailer hopes luxe push will drive comeback

www.silverguide.site – Ex-Mattel boss behind Barbiemania pivots retailer towards more premium fashion after reopening UK stores…
Victoria Beckham ties up with Gap as retailer hopes luxe push will drive comeback
business

Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes

www.silverguide.site – FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended period…
Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes
business

William Hill owner Evoke in talks on £225m takeover by casino group Bally’s

www.silverguide.site – Heavily indebted UK-listed gambling company says it is discussing possible offer from US group at 50p a share…
William Hill owner Evoke in talks on £225m takeover by casino group Bally’s
business

European stock markets fall and oil and gas prices jump as strait of Hormuz ‘chaos’ worries investors – as it happened

www.silverguide.site – Rolling coverage of the latest economic and financial news…
European stock markets fall and oil and gas prices jump as strait of Hormuz ‘chaos’ worries investors – as it happened
business

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

www.silverguide.site – Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence…
Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says
business

Ed Miliband to double down on net zero with measures to combat Iran energy shock

www.silverguide.site – As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will say…
Ed Miliband to double down on net zero with measures to combat Iran energy shock
business

ABF poised to reveal result of Primark and food business demerger plan

www.silverguide.site – Retail analysts say breaking up food and fashion group would make sense in challenging business environment…
ABF poised to reveal result of Primark and food business demerger plan
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