Both Shell and BP will hope to turn a page on recently announced billion-pound hits as they try to steady investors’ nerves. BP especially will be hoping that it can break a more than three-month long losing streak on the stock market. Despite a short-lived rally in June, the company’sContinue Reading
The Bank of England’s next decision on interest rates sits on a “knife-edge”, experts have said, as borrowers wait to see if costs will be cut for the first time since the pandemic. Economists are split over whether the Bank’s policymakers will decide it is the right time to reduceContinue Reading
Drivers are still paying too much for their fuel, with retail margins “significantly” above historic levels, according to the UK competition watchdog. The Competition and Markets Authority (CMA) said that the fuel market is still “failing consumers” a year on from its first report that laid bare the problems inContinue Reading
Petrol stations have come under fire after overcharging UK motorists by a staggering £1.6 billion last year, according to the Competition and Markets Authority (CMA). The regulator’s findings reveal that fuel margins – the difference between the wholesale cost and the pump price – have remained significantly above pre-pandemic levels.Continue Reading
The Labour Government will not “duck difficult decisions” in its budget, Wes Streeting said amid concerns over a black hole in the public finances of around £20 billion. The Health Secretary said “tough choices” were required ahead of an expected update from Chancellor Rachel Reeves on a spending audit sheContinue Reading
In the vast world of online gambling, Slot88 has carved out a prominent niche as a premier destination for slot game enthusiasts. With its user-friendly interface, diverse game selection, and enticing bonuses, Slot88 offers an unparalleled gaming experience for both novice and seasoned players. A User-Centric Experience At the coreContinue Reading
The FTSE 100 finished on a high on Thursday after initially slipping to a three-month low earlier in the day. The blue-chip index rose 33 points to end the day on 8,186, a 0.4% increase. It recouped losses from early trading, after the index fell in the morning with moreContinue Reading
Private equity firm Apollo Global Management has said it is buying British parcel delivery firm Evri in a £2.7 billion deal. Apollo is set to buy Evri from Advent International, the private equity firm which bought the company, then the UK operations of the Hermes delivery group, for one billionContinue Reading
Many car manufacturers would “struggle to comply” if Labour enacts its pledge to reinstate the 2030 ban on new petrol and diesel cars without flexibilities, a senior automotive industry figure has warned. Mike Hawes, chief executive of trade body the Society of Motor Manufacturers and Traders (SMMT), suggested the GovernmentContinue Reading
Cybersecurity firm CrowdStrike is facing new criticism after offering a ten dollar UberEats voucher as an apology for the major global IT outage last week which grounded flights and cancelled medical appointments. A flawed software update from the company impacted around 8.5 million Windows computers worldwide last Friday, bringing businessesContinue Reading
