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Business News

business

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

www.silverguide.site – A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view…
Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried
business

Retail sales rise in Great Britain after Iran war prompted ‘panic at the pumps’

www.silverguide.site – Rise of 0.7% in March was spurred by motorists filling their tanks, and the sun helping clothing and footwear…
Retail sales rise in Great Britain after Iran war prompted ‘panic at the pumps’
business

Oil hits highest level since US-Iran ceasefire began, as conflict hurts Gulf crude production – as it happened

www.silverguide.site – Brent crude hits highest level since the US and Iran first agreed a ceasefire in early April…
Oil hits highest level since US-Iran ceasefire began, as conflict hurts Gulf crude production – as it happened
business

Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply

www.silverguide.site – MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius…
Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply
business

Simon Edye obituary

www.silverguide.site – Other lives: Owner of Ronaldo Ices familiar on Norwich streets and attractions throughout East Anglia…
Simon Edye obituary
business

American Airlines says soaring price of jet fuel will cost it $4bn this year

www.silverguide.site – Fuel crisis from Middle East conflict could push airline into losses as it looks to offset costs with higher fares …
American Airlines says soaring price of jet fuel will cost it $4bn this year
business

Fertiliser is in short supply. What does it mean for Australia’s farmers – and your bread?

www.silverguide.site – Australia is more vulnerable to fertiliser disruption than fuel. Experts say the impact depends on how long the strait of Hormuz is shut…
Fertiliser is in short supply. What does it mean for Australia’s farmers – and your bread?
business

Sainsbury’s boss urges government to help ease rising energy costs for food producers

www.silverguide.site – Simon Roberts says support for bills on back of Iran war should include ‘food growing, manufacturing and retailing’…
Sainsbury’s boss urges government to help ease rising energy costs for food producers
business

Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened

www.silverguide.site – UK consumer optimism drops for third month running, as people grow more worried about the economy and their personal financial situation…
Iran war hurting UK economy as consumer confidence falls; BP’s new chair suffers investor revolt – as it happened
business

UK undershoots annual borrowing target by £700m

www.silverguide.site – Figure hits three-year low but Iran war expected to blow hole in Reeves’s fiscal ‘headroom’…
UK undershoots annual borrowing target by £700m
business

Paracetamol costs have jumped up to 30% due to Iran war, pharmacies warn

www.silverguide.site – Chemists in England are also charging customers 20-30% more for common hay fever treatment compared with February…
Paracetamol costs have jumped up to 30% due to Iran war, pharmacies warn
business

Yes, retail investment needs a boost – but the squirrel looks too tame | Nils Pratley

www.silverguide.site – Ambition behind investing campaign is laudable, yet cutting stamp duty on share purchases, for example, would be much more savvy…
Yes, retail investment needs a boost – but the squirrel looks too tame | Nils Pratley
business

Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last? | Greg Jericho

www.silverguide.site – We are less than a month out from the budget and Labor’s mooted adjustments to tax concessions for property investors have barely registered…
Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last? | Greg Jericho
business

Ryanair to close check-in 20 minutes earlier amid concern over Europe border queues

www.silverguide.site – Budget airline says change will take effect from November and will give passengers more time to get through airports…
Ryanair to close check-in 20 minutes earlier amid concern over Europe border queues
business

Tui cuts profit forecast as effects of Iran war cost travel group €40m

www.silverguide.site – Firm had to repatriate almost 12,000 guests and staff, including from two cruise ships in Abu Dhabi and Doha…
Tui cuts profit forecast as effects of Iran war cost travel group €40m
business

City watchdog faces legal action over £9.1bn compensation scheme for car loan victims

www.silverguide.site – Exclusive: Lawyers for group Consumer Voice notified FCA they are challenging redress scheme as inadequate…
City watchdog faces legal action over £9.1bn compensation scheme for car loan victims
business

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
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