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Oil prices rise as US-Israeli war with Iran continues to disrupt supply
Oil prices climbed on Monday on continuing fears of supply losses because of shipping disruptions in the key Middle East producing region from the US-Israeli war with Iran. Brent crude futures rose $1.71, or 1.6%, to $110.74 a barrel by 0057 GMT. U.S. West Texas Intermediate crude futures gained $0.71, or 0.6%, to trade at $112.25 per barrel. On Thursday, the last trading day before the Good Friday holiday break, WTI settled up more than 11% and Brent soared nearly 8% in volatile trading, rec...
More Americans are moving into the upper middle class than ever - but some STILL don't feel wealthy
More Americans are moving into the upper middle class than ever - but some STILL don't feel wealthySign up for our US Editor's Picks newsletter to get all the biggest exclusive storiesBy JENSEN BIRD Published: 00:39, 6 April 2026 | Updated: 00:40, 6 April 2026 e-mail View comments
Working families' bills will rise to fund £3.5billion 'benefits payday' as two-child cap is lifted, Tories warn
Working families' bills will rise to fund £3.5billion 'benefits payday' as two-child cap is lifted, Tories warnBy SAM MERRIMAN, POLITICAL CORRESPONDENT Published: 00:36, 6 April 2026 | Updated: 00:36, 6 April 2026 e-mail View comments
How long Australia's fuel will last: Energy minister Chris Bowen drops major update as timeline suddenly shifts
How long Australia's fuel will last: Energy minister Chris Bowen drops major update as timeline suddenly shiftsREAD MORE: Finally some fuel relief as petrol prices fall - but is it too little, too late for Anthony Albanese? By MAISY RAE Published: 00:23, 6 April 2026 | Updated: 00:29, 6 April 2026 e-mail View comments
Spain's huge pork industry seeks salvation from swine fever threat
Spain's huge pork industry seeks salvation from swine fever threat6 minutes agoShareSaveAdd as preferred on GoogleGuy HedgecoeBusiness reporter, Northeast SpainAFP via Getty ImagesSpain's pig farmers have seen the price of pork fall sharply as a result of a swine flu outbreakJordi Saltiveri gazes across his farmland, on which he keeps 8,000 pigs, and remembers the day late last year when the news emerged that African Swine Fever (ASF) had been detected in Spain."I felt sad, angry,...
Disability benefits change means my son could lose £200 a month - it's terrifying
Disability benefits change means my son could lose £200 a month - it's terrifyingJust nowShareSaveAdd as preferred on GoogleBeth RoseDisability affairs reporter Erika LyeErika doesn't know if her younger son Jack will meet the criteria to be eligible for the top-up payments after the changesErika Lye says she's "the sunshine" in her house, always smiling for her sons Logan, 20, and Jack, 16.But behind closed doors, she is terrified about money. She fears that a new chang...
New UK farm inheritance tax rule will cause ‘significant challenges’, say accountants
Levy on inherited farms and family businesses worth £2.5m or more comes into force 6 AprilA new inheritance tax regime for UK farms and family businesses comes into force on Monday and will present “significant challenges” for those affected, according to accountants.In October 2024 the government announced plans to levy inheritance tax on farms – prompting an outcry in many quarters. Continue reading...
Relief as cruel two-child benefit limit lifted amid warning of Tory and Reform danger
Relief as cruel two-child benefit limit lifted amid warning of Tory and Reform dangerUp to 1.5million children are set to be better off as the cruel two-child benefit limit is lifted, with campaigners branding it a pivotal moment in the fight against povertyCommentsNewsDave Burke Political Correspondent 00:01, 06 Apr 2026View 2 ImagesCampaigners have hailed the lifting of the two-child benefit limit, which takes effect today(Image: Kate Stanworth / Save The Children)Up to 1.5million children are...
DWP Universal Credit cut from Monday means some get reduced payments
DWP Universal Credit cut from Monday means some get reduced paymentsThe new financial year is seeing changesCommentsMoneySteven Smith Content Editor00:01, 06 Apr 2026View 3 ImagesSocial security and disability minister Sir Stephen Timms(Image: WPA Pool, Getty Images)Welfare reforms introduced this week aim to overhaul a system that has "for too long locked disabled people and people with long-term conditions out of work", according to the Government. The changes target what ministers h...
TOM HAYES: My mum messages whenever I speak about poverty - it stays with you forever
TOM HAYES: My mum messages whenever I speak about poverty - it stays with you foreverLabour MP Tom Hayes writes for The Mirror about the importance of scrapping the two-child benefit limit - saying it undoes 'the uncaring right-wing politics of my childhood'CommentsNewsopinionTom Hayes, Labour MP for Bournemouth East00:01, 06 Apr 2026View 2 ImagesLabour MP Tom Hayes has said the two-child limit sent the message that come children mattered lessWhen I speak about child poverty, I’m not t...
Major supermarkets face call to reinstate pay in line with real living wage
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‘Game changing’ support set to help millions navigate their financial lives
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Benefits and pensions rise as two-child cap ends
Benefits and pensions rise as two-child cap endsJust nowShareSaveAdd as preferred on GoogleKevin Peachey,Cost of living correspondentandColletta Smith,BBC Your Voice correspondentGetty ImagesA host of benefits and the state pension are rising as the new financial year begins, including more money for larger families on universal credit.The two-child benefit cap has now been scrapped, meaning some 480,000 families with three or more children will get an average rise of £4,100 a year.One mum told...
Indian Bank Stocks’ $95 Billion Rout May Deepen on Macro Risks
More pain awaits Indian banks stocks — the biggest component of the country’s stock market — as the central bank’s moves in the currency market and growth shock to the economy from rising energy prices dent profit outlook.
Crude prices jump sharply: WTI at $114, Brent at $111 on renewed geopolitical risk, supply concerns
US crude (WTI) traded above $114 per barrel and surpassed Brent crude, an unusual inversion that underscores deepening market stress. Brent — the global benchmark — was above $111, while UAE Murban crude climbed above $114.8, marking strong demand for barrels that can be moved outside chokepoints like the Strait of Hormuz.Urals crude, the Russian benchmark, stayed elevated at $121.17, up $15.44, or 14.60%, as of 7.38am on Monday (April 6, 2026) Tokyo | 10.38pm GMT (April 5, 2026). Natural gas p...
40 percent of people helped by Los Angeles mayor’s $300M homeless project have returned to the streets, report finds
NewsWorldAmericas40 percent of people helped by Los Angeles mayor’s $300M homeless project have returned to the streets, report findsLocal programs to combat homelessness also face Trump administration’s attempts to cut off fundingKatie Hawkinson in Washington, D.C. Sunday 05 April 2026 23:34 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark"...
UAE becomes top 10 global exporter, from $949 billion in 2021 to $1.637 trillion 2025, WTO figures show
ABU DHABI: In a historic first, the UAE has become one of the world’s top 10 exporting countries, according to the latest figures from the World Trade Organisation’s (WTO) “World Trade Prospects and Statistics” report. This achievement reflects the UAE’s position as a vital hub on international supply chains and its growing contribution to the wider global economy.The WTO report noted that the UAE’s goods and services trade has risen significantly in recent years, increasing from US$949 billion...
Petrochemical revolution: Iran's 37% production jump on horizon
TEHRAN- Based on formulated strategic plans, Iran’s petrochemical industry will see a 37% leap in production capacity by the Iranian year 1412 (2033–2034) through the implementation of 66 new projects and the completion of 45 semi-finished projects.
How China fell for a lobster: What an AI assistant tells us about Beijing's ambition
How China fell for a lobster: What an AI assistant tells us about Beijing's ambitionJust nowShareSaveAdd as preferred on GoogleFan WangandYan ChenAFP via Getty ImagesAI agent OpenClaw sparked a frenzy in China in March, with users "raising lobsters" - training the tool to suit their needs"Are you a lobster?" is the first question Wang had for the BBC.He had been so consumed recently by the AI assistant OpenClaw - which in China has earned the name "lobster" - t...
Andrew Tilton on China’s growth prospects, economic trajectory in wake of Iran war
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, speaks to the South China Morning Post about the long-term future of China’s economy after the “two sessions” in Beijing and ahead of an expected Xi-Trump summit – all during an oil crisis sparked by the US-Israel war against Iran. For other interviews in the Open Questions series, click here. What impact will the oil shock arising from the Iran war have on the growth of Asian economies this year? Asia is greatly affected by the war.....