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Councils working on policy for heating oil support
Councils working on policy for heating oil supportJust nowShareSaveAdd as preferred on GoogleNathan Briant,South of England andEllie Tutt,BBC Radio BerkshireGetty ImagesHeating oil is used by 3.6% of all households across the countryA decision by councils in Berkshire on how to distribute financial support for people reliant on heating oil will take some time despite government confirming extra aid.Prime minister Sir Keir Starmer announced last month that £53m will be distributed nationwide afte...
New York Lawmaker Seeks SALT Expansion If House Pursues Tax Bill
A New York lawmaker aims to reopen negotiations to expand the state and local tax deduction after US lawmakers raised the cap on the break to $40,000 last year if Congress attempts to pass a second tax bill before the midterm elections.
John Lewis boss has pay increased to £1.2m as retailer cuts 3,300 jobs
Jason Tarry sees salary increase by 21% in year to January, while fewer people are employed at John Lewis and Waitrose storesThe boss of the group that owns John Lewis and Waitrose was handed a 21% increase in basic pay last year to £1.2m while the retailer cut 3,300 jobs.Jason Tarry, who became chair of the John Lewis Partnership (JLP) in September 2024, saw his annual salary increase by a fifth to £1.2m in the year to January, from £990,000. Continue reading...
Bankers Start Weighing UAE Return Hours After US-Iran Ceasefire
Hours after the US and Iran agreed to a two-week ceasefire, an executive from an Abu Dhabi fund booked the first flight back to the Emirati capital, while another said they plan to return over the weekend.
Airlines are raising prices for checked bags. Here's how much it will cost.
Four of the six largest U.S. airlines have raised their prices for checked bags. It comes as the Iran war pushed up the cost of jet fuel. The airlines say the bag fee hikes help offset fuel costs. Kris Van Cleave explains what to know.
Close Brothers shares surge after UK bank says it can ‘comfortably absorb’ cost of car finance compensation
Specialist lender says it expects its slice of £9.1bn compensation set by FCA to be about £320mClose Brothers shares surged on Wednesday after the UK bank declared it could “comfortably absorb” its slice of a £9.1bn compensation bill over the motor finance scandal, hours after one of its rivals announced it was selling its UK operations over looming costs.The specialist lender said it expected the final terms of the Financial Conduct Authority’s (FCA) compensation scheme to cost roughly £320m, a...
Gilgo Beach serial killer suspect expected to change plea to guilty
Rex Heuermann, the suspect in the notorious Gilgo Beach killings, is expected to change his plea to guilty on Wednesday. He previously pleaded not guilty to murdering seven women over 17 years. Tom Hanson reports.
What Iran War Ceasefire Means for Stocks, Bonds, Oil | The Pulse 4/8
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Myles Bradshaw, JPMorgan Asset Management, Head of Global Aggregate Strategies; Alessia Berardi, Amundi Investment Institute, Emerging Macro Strategy Head; Julien Barnes-Dacey, European Council on Foreign Relations, M...
Faisal Islam: Iran war pause is welcome but the economic scars will last
Faisal Islam: Iran war pause is welcome but the economic scars will last8 minutes agoShareSaveAdd as preferred on GoogleGetty ImagesFor most of the past six weeks, we have brought you maps of a gummed-up Strait of Hormuz.Approximately 800 ships are believed to have been stuck in the Gulf, many transporting oil and gas, and have been unable and unwilling to exit onto the open seas.During that time, there has been a direct line from the world's biggest traffic jam to rising petrol and diesel...
Strait of Hormuz by No Means Open for Business, Says Oil Analyst Sen
Amrita Sen, founder and director of market intelligence at Energy Aspects, discusses tanker flows in and out of the Strait of Hormuz as the US and Iran announce a two-week ceasefire and explains why the global oil market is in for further demand destruction. (Source: Bloomberg)
Russian FM confirms attendance to Antalya Diplomacy Forum in Türkiye
Russian Foreign Minister Sergey Lavrov will participate in the Antalya Diplomacy Forum that will be held in the eponymous Turkish city, the ministry’s...
Choithrams rolls out paid parking across some of its UAE stores, ties up with Parkonic
The supermarket chain Choithrams has introduced ticketless parking across selected store locations in the UAE, powered by PARKONIC OS. This operating system is digitally managed and will enable a seamless and ticketless parking experience. As part of the new system, customers will have one hour of complimentary parking, validated at checkout by providing their vehicle license plate number, with the applicable duration automatically adjusted at exit.Stay up to date with the latest news. Follow K...
Morgan Stanley Debuts Bitcoin ETF as Price Slump Rattles Holders
Morgan Stanley is set to become the first Wall Street bank to launch its own Bitcoin-tracking exchange-traded fund, a milestone for the digital-asset ecosystem that underscores how deeply the original cryptocurrency has embedded itself in the financial mainstream — even as the market around it has cooled.
Qatar Begins Work to Resume LNG Production After Ceasefire
Qatar is mobilizing engineers and workers with the aim of resuming production at the world’s biggest liquefied natural gas export plant following a ceasefire in the war in the Middle East, according to people with knowledge of the matter.
‘We can’t increase prices any more’: UK hospitality firms hit by cost triple blow
Struggling pubs reel from rising business rates, wages and energy bills, with customers at limit of what they will payNick Evans is staring in vain at columns of numbers, trying to make them add up to a profit. He is a co-owner of the Old Crown Coaching Inn in Faringdon, Oxfordshire, a pub and hotel whose rich history is etched into its crooked wooden beams and cosy snugs.Oliver Cromwell stayed here in 1645. A room believed to have been used by the notoriously severe “hanging judge” Lord Jeffrey...
Top UK Port Operator’s £10 Billion Sale Draws KKR, GIP, DP World
The sale of the controlling stake in Associated British Ports has attracted initial interest from potential bidders including KKR & Co. as well as BlackRock Inc.’s Global Infrastructure Partners, according to people familiar with the matter.
When UK drivers can expect cheaper petrol and diesel after oil drop
When UK drivers can expect cheaper petrol and diesel after oil dropThe Middle East ceasefire has led to hopes that price may have peaked for nowCommentsMoneySteven Smith Content Editor12:51, 08 Apr 2026View 3 ImagesHope has returned following the ceasefire(Image: richard johnson via Getty Images)Average petrol prices have reached nearly 155p a litre as it keeps going up amid the Iran war – but experts say "we’re likely close to the peak if the ceasefire holds". Though one did say "...
Russia increases fish exports revenue by 20% in 2025
Deputy Prime Minister Dmitry Patrushev noted that, despite all challenges, Russian fish products are sold in more than 100 countries worldwide
'Boost confidence' with £35 tool reduced to £2.99 in Home Bargains sale
'Boost confidence' with £35 tool reduced to £2.99 in Home Bargains saleHome Bargains has slashed the price to just £2.99CommentsMoneyCharlotte Smith Senior Lifestyle Content Editor12:41, 08 Apr 2026View 3 ImagesShoppers can enjoy a saving of £32(Image: Getty )Home Bargains has dramatically reduced the price of a gift set, which is claimed to help people feel "their most confident selves" and deliver "salon-quality results". The kit carries a recommended retail price...
Booming Hedge-Fund Options Trade Suffers Worst Month in Decade
A trade that went from niche to one of the biggest options strategies on Wall Street in recent years posted its worst monthly performance in more than a decade in March, underscoring how the shock of the war in Iran unraveled popular investment approaches.