Tag results for: finance
Reeves puts watchdog on ‘high alert’ over petrol price profiteering – London Business News | Londonlovesbusiness.com
Rachel Reeves, the Chancellor of the Exchequer, has raised concerns over petrol pump profiteering and has officially put regulators on “high alert” regarding this issue.
In response to rapidly...
US inflation held at 2.4% in February, but significant price pressures loom in March – London Business News | Londonlovesbusiness.com
US CPI inflation rose by 2.4% year-on-year in February, with core inflation – which excludes food and energy inflation – slightly higher at 2.5%.
Signs that inflation is stabilising...
The impact Brits could face with the blockade of the Strait of Hormuz – London Business News | Londonlovesbusiness.com
The blockage of the Strait of Hormuz will have far-reaching consequences for the UK, particularly for food costs, inflation, and the overall cost of living, including energy prices.
This...
US futures slide amid geopolitical risks, oil surge fuels inflation concerns – London Business News | Londonlovesbusiness.com
US equity futures declined on Thursday as oil prices extended their advance, fuelling inflation concerns.
The prospect of prolonged tensions in the Middle East overshadowed the announcement of a...
More than a quarter of UK drivers plan to cut back as petrol prices soars – London Business News | Londonlovesbusiness.com
Rising fuel prices, driven by the Iran-US conflict, are prompting UK drivers to rethink their travel plans.
Petrol now costs nearly £1.40 per litre, while diesel exceeds £1.55 per...
Dollar supported as Middle East tensions spur inflationary risks – London Business News | Londonlovesbusiness.com
The dollar remained firm on Thursday, while Treasury yields edged higher.
Escalating tensions in the Middle East and supply disruptions continue to propel energy prices upward, raising fears of...
