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Business News

UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs

www.silverguide.site – Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecast…
UK food inflation ‘could hit 9%’, trade body warns as Reeves meets retail chiefs

Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – business live

www.silverguide.site – Brent crude prices have fallen sharply, while the FTSE 100 is up 1.8% and government bonds are rallying…
Oil tumbles and UK’s FTSE 100 posts biggest daily rise in a year on hopes Middle East war will end soon – business live

Chancellor meets UK supermarket bosses to discuss cost of living

www.silverguide.site – Rachel Reeves will address concerns about price rises and shortages with retailers as energy costs surge…
Chancellor meets UK supermarket bosses to discuss cost of living

Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds

www.silverguide.site – Sector cites ‘billions of pounds in additional costs’ from new business rates and increase in minimum wage thresholds…
Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds

Some medicines could run out in weeks or even days, NHS England head warns

www.silverguide.site – Jim Mackey tells LBC phone-in he is ‘really worried’ about supply issues amid US-Iran war…
Some medicines could run out in weeks or even days, NHS England head warns

Investors call on Thames Water to let them bid for it after last year’s failed takeover

www.silverguide.site – CK Infrastructure, a Hong Kong investment group, said the bosses of the struggling water company should eat ‘humble pie’…
Investors call on Thames Water to let them bid for it after last year’s failed takeover

Unilever’s food mashup is hardly a delectable prospect for shareholders

www.silverguide.site – This ‘growth-led separation’ is an awkward, sprawling deal, far from the clean break some may have wished for…
Unilever’s food mashup is hardly a delectable prospect for shareholders

Centuries-old pottery firm Denby set to call in administrators

www.silverguide.site – Almost 600 jobs could go amid higher cost of gas and labour and softening consumer demand…
Centuries-old pottery firm Denby set to call in administrators

Steel bosses warn ‘back door’ loophole in UK trade rules could lead to job cuts and closures

www.silverguide.site – New measures will protect Tata and British Steel but allow foreign pre-made parts into the UK, say industry bosses…
Steel bosses warn ‘back door’ loophole in UK trade rules could lead to job cuts and closures

US average fuel price passes $4 a gallon for first time in four years amid Iran war

www.silverguide.site – Stocks rally after reports suggest Trump might end the war soon, saying ‘we’re not going to be there for too much longer’ …
US average fuel price passes $4 a gallon for first time in four years amid Iran war

Marmite maker Unilever agrees $44.8bn deal to combine food arm with McCormick

www.silverguide.site – Core focus will be on beauty, personal care and home products after spinning off brands such as Hellmann’s and Pot Noodle into $60bn entity …
Marmite maker Unilever agrees $44.8bn deal to combine food arm with McCormick

Food price rises unlikely before summer, says boss of Sainsbury’s

www.silverguide.site – Simon Roberts says Easter shop will be unaffected by Middle East conflict, but industry warns prices may rise this year…
Food price rises unlikely before summer, says boss of Sainsbury’s

UK house prices rose sharply in March but Iran war expected to cause slowdown

www.silverguide.site – Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activity…
UK house prices rose sharply in March but Iran war expected to cause slowdown

Oil price jumps to $118 a barrel after Trump comments; cost of filling up family car with diesel passes £100 – as it happened

www.silverguide.site – Full tank of petrol now costs £84, as drivers face more than £500m in higher fuel costs due to oil crisis…
Oil price jumps to $118 a barrel after Trump comments; cost of filling up family car with diesel passes £100 – as it happened

When will car finance compensation be paid out and how much could you get?

www.silverguide.site – Financial Conduct Authority says millions of claims will be paid up this year and vast majority settled by end of 2027…
When will car finance compensation be paid out and how much could you get?

How many sweeteners does JP Morgan need to build an office in Canary Wharf? | Nils Pratley

www.silverguide.site – US bank will get deal it doesn’t really need as it would be far too embarrassing for Treasury to see investment sail away…
How many sweeteners does JP Morgan need to build an office in Canary Wharf? | Nils Pratley

British Steel on track to be fully nationalised within weeks

www.silverguide.site – UK plans to take economic control from Chinese owner Jingye a year after stepping in to run plant, sources say…
British Steel on track to be fully nationalised within weeks

Families hardest hit by energy crisis could be given funds dispensed by councils in England

www.silverguide.site – As Iran war continues, ministers debate several options for extending support to households…
Families hardest hit by energy crisis could be given funds dispensed by councils in England

Car finance victims to get an average £830 payout but fewer loans eligible

www.silverguide.site – City regulator reduces number of loan agreements in line for compensation from 14m to 12m…
Car finance victims to get an average £830 payout but fewer loans eligible

Mounjaro maker wants NHS drug price rises in return for more investment in UK

www.silverguide.site – US firm Eli Lilly, which is also pushing for end to rebate scheme, optimistic about talks with ministers…
Mounjaro maker wants NHS drug price rises in return for more investment in UK
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