‘We’re powerless … and hoping nothing hits us’: trapped on a tanker as Iran war escalates
Seafarer tells of explosions in the sky as thousands stuck on vessels after strait of Hormuz is effectively closed to shipping
US grants waiver to allow India to buy Russian oil amid Iran war
‘Stopgap measure’ designed to keep oil flowing into global market as Middle East crisis disrupts crude shipments
Weight-loss jab could be made for $3 a month, study finds
Cheap semaglutide, the drug in Ozempic and Wegovy, could help millions with diabetes and obesity in 160 countries
Philippines orders energy cuts in response to Middle East war
South-east Asian country limits air conditioning and travel for public officials amid soaring fuel prices
‘Geopolitical uncertainties’ amid Iran war could slow fall in mortgage rates, says Halifax
UK house price growth slowed in February as value of typical home rose 0.3% to £301,151
Water firms sent bailiffs to tens of thousands of homes for debts under £1,000
Most recorded visits are for smaller debts, data from England and Wales suggests, though method of recovery is a postcode lottery
New York and other US states sue Trump over ‘illegal and reckless’ tariffs
Lawsuit says president does not have authority to impose levies and demands refunds from federal government
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