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Business News

business

Ministers vow to spend record £8.4bn on road maintenance in England

www.silverguide.site – Move is part of £27bn five-year investment plan for A-roads and motorways, with almost a third going on work such as resurfacing…
Ministers vow to spend record £8.4bn on road maintenance in England
business

Ticketmaster quietly raised other fees after US crackdown on hidden charges

www.silverguide.site – Documents obtained by Guardian show company increased different fees to ‘offset revenue loss’ from FTC rule change…
Ticketmaster quietly raised other fees after US crackdown on hidden charges
business

Co-op boss Shirine Khoury-Haq to step down after difficult year for group

www.silverguide.site – Company reported loss of £125m after cyber-security attack hit sales and claims of ‘toxic’ culture …
Co-op boss Shirine Khoury-Haq to step down after difficult year for group
business

Australian growth forecasts slashed as global economy faces inflation spike

www.silverguide.site – OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation…
Australian growth forecasts slashed as global economy faces inflation spike
business

UK CO2 plant to reopen amid fears Iran war could lead to shortage

www.silverguide.site – Teesside site mothballed in September given £100m by government to restart production for at least three months…
UK CO2 plant to reopen amid fears Iran war could lead to shortage
business

Next says Middle East conflict could raise clothing prices by up to 10%

www.silverguide.site – Retailer says higher fuel and factory costs may hit supply chains and lead to ‘significant increase in prices’…
Next says Middle East conflict could raise clothing prices by up to 10%
business

NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened

www.silverguide.site – Pension minister says ‘appropriate compensation’ will be paid to the approximately 37,500 people affected…
NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened
business

UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

www.silverguide.site – BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears…
UK consumer confidence has ‘collapsed’ during Iran war, retail industry says
business

War on Iran ‘making us all poorer’ but RBA may need to hike interest rates again, official warns

www.silverguide.site – Comments come as the Albanese government said it would back an ‘economically sustainable’ above-inflation minimum wage rise…
War on Iran ‘making us all poorer’ but RBA may need to hike interest rates again, official warns
business

British suppliers to be prioritised for contracts in sectors vital to national security

www.silverguide.site – Policy brought forward as Middle East war highlights fragility of global supply chains…
British suppliers to be prioritised for contracts in sectors vital to national security
business

US Postal Service to introduce 8% fuel surcharge on packages

www.silverguide.site – Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and run until January 2027…
US Postal Service to introduce 8% fuel surcharge on packages
business

No escape from the energy shock for UK business. A long-term strategy is still essential | Nils Pratley

www.silverguide.site – Crisis is yet another reminder that reset in industrial policy is needed that includes one for energy that is more strategic…
No escape from the energy shock for UK business. A long-term strategy is still essential | Nils Pratley
business

Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court

www.silverguide.site – Former hedge fund manager warned ex-employee he had groped that Financial Conduct Authority may question her…
Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court
business

Iran war threatens to delay large offshore wind projects in EU and UK

www.silverguide.site – Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects…
Iran war threatens to delay large offshore wind projects in EU and UK
business

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

www.silverguide.site – Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping…
Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss
business

UK pet owners: we would like to hear about your experience of vet bills

www.silverguide.site – Were you surprised by your bill? Did you struggle to pay it? We would like to hear from you…
UK pet owners: we would like to hear about your experience of vet bills
business

Stocks rise and oil dips on hopes of 15-point Iran peace plan

www.silverguide.site – Markets in Asia, Europe and US move higher after Iran says it will permit ‘non-hostile’ ships through strait of Hormuz…
Stocks rise and oil dips on hopes of 15-point Iran peace plan
business

ECB could raise eurozone rates ‘as soon as next month’; oil price dips on peace talk hopes – as it happened

www.silverguide.site – UK inflation stays at 3% in February as petrol prices fall and food inflation eases, before Iran war drives up global energy costs…
ECB could raise eurozone rates ‘as soon as next month’; oil price dips on peace talk hopes – as it happened
business

UK inflation held at 3% before global energy price hit from Iran war

www.silverguide.site – February annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflict…
UK inflation held at 3% before global energy price hit from Iran war
business

Royal Mail owner pushes back against criticisms that service has declined

www.silverguide.site – Czech billionaire Daniel Křetínský ‘deeply sorry’ for late letters but says Royal Mail is delivering a service ‘nobody else in Europe is doing’…
Royal Mail owner pushes back against criticisms that service has declined
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