Stock market falls resume as US-Israel war with Iran drives up oil and gas prices
FTSE 100 and France’s CAC down 1.5%; Germany’s DAX and Italy’s FTSE MIB down 1.6%; the Dow Jones was down 2%
Nissan ‘says Sunderland plant could close’ if UK excluded from Made in Europe rules
Reports of carmaker’s warning come as lobby group says EU proposals could damage £70bn cross-channel trade
Slower UK interest rate cuts likely as some mortgage providers hike rates; oil and gas prices rising again – as it happened
Rolling coverage of the latest economic and financial news
HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis
Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest rates
Emma Walmsley’s pay rose almost 50% to £15.6m in final year as GSK boss
Bulk of 2025 renumeration came from share bonuses as drug company’s now former CEO benefitted from stock rise
‘It’s discrimination’: US Small Business Administration cuts off loans to immigrant entrepreneurs
Green card holders are now ineligible for loans through the SBA as agency carries out Trump’s ‘America First’ agenda
Paramount-Warner Bros mega-merger could still face ‘real threats’, antitrust experts say
The $110bn deal will require approval from regulatory authorities in the US, the EU and the UK
Oil price continues to rise amid Middle East crisis but stock markets rebound across Asia
Reports of attack on US registered tanker in Gulf lifts crude by 3% to $84 a barrel as gas price also starts to climb
Globalisation is under threat from Iran war – and Britain is uniquely vulnerable
Economic ripples from US-Israel attacks will soon become waves, engulfing everything from energy prices to food
South East Water fined £22.5m for ‘repeated supply failures’ in Kent and Sussex
Regulator says failures that hit nearly 300,000 customers made worse by utility’s failure to maintain efficient supply system
Australian petrol retailers accused of price gouging over rising fuel costs amid Iran war
Motoring groups accuse retailers of using conflict as an excuse to lift prices as Jim Chalmers asks ACCC to keep watch
‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chain
Woolworths shoppers concerned new anti-theft gates may trap them and hit their children
At one store trialling the gates, a customer said ‘if you wanted to enter without hitting your child, you’d have to go in backwards’
Rachel Reeves should scrap the North Sea windfall tax now
The UK should optimise North Sea oil and gas production while it transfers to renewables and nuclear developments
Energy bills could rise by £160 after Iran conflict pushes gas prices higher
Household costs could reach £1,800 a year from July as UK market hits three-year high