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Gas Prices Surge and Oil Rises Amid Iran Conflict Impacting Global Markets

Gas prices and oil surged as QatarEnergy halted LNG production after attacks on its facilities. The Strait of Hormuz tensions raised concerns over global energy supplies, causing stock market declines and potential fuel price hikes worldwide.

5 min read

Guernsey Launches Online Calculator to Assess Impact of Proposed Tax Reforms

Guernsey's Policy and Resources Committee has launched an online calculator to help residents understand the impact of proposed tax reforms aimed at raising £50m annually, including GST and related measures.

2 min read

US Company Tilray Acquires Brewdog UK Operations for £33m

Brewdog's UK brewing operations and pubs have been acquired by US company Tilray for £33m amid ongoing negotiations over other assets and concerns for small investors.

4 min read

Disrupting Strait of Hormuz Risks Global Cost-of-Living Surge

Disruptions in the Strait of Hormuz, a vital shipping route for oil, LNG, and fertiliser, could intensify global cost-of-living pressures amid escalating Middle East tensions and economic uncertainty.

6 min read

Will Petrol and Diesel Prices Rise Amid Middle East Oil Price Surge?

Rising oil prices due to Middle East conflict have sparked concerns over higher petrol, diesel, food prices, and potential impacts on UK inflation and energy bills.

4 min read

Novo Nordisk to Invest €400m in Irish Factory for Wegovy Weight Loss Tablets

Novo Nordisk will invest over €400m to upgrade its Athlone factory in Ireland to produce tablet forms of Wegovy, expanding beyond US markets amid rising competition from Eli Lilly.

2 min read

UK House Prices Rise in February as Chancellor Avoids Negative Speculation

UK house prices rose 0.3% in February as the chancellor avoided negative speculation ahead of the spring forecast. Market activity improves amid steady inflation and economic challenges.

3 min read

Iran Conflict May Push Oil Above $100 a Barrel as FTSE 100 Drops 1%

Analysts warn the US-Israel conflict with Iran could push oil prices above $100 a barrel amid halted tanker traffic through the Strait of Hormuz. UK mortgage approvals hit a two-year low, European stocks fall, and gold rises as investors seek safe havens.

11 min read

Brewdog Closes All Bars for a Day Amid Business Sale Process

Brewdog has closed all its bars for a day amid efforts to complete a business sale, following years of losses, job cuts, and leadership changes.

3 min read

Family-Run Ayrshire Butcher's Shop Closes After 137 Years

T Baillie and Sons, a family-run butcher's shop in Saltcoats, Ayrshire, is closing after 137 years as owner James Baillie retires. The shop, established in 1889, has served locals and tourists alike. James hopes the business may continue under new ownership.

5 min read

Paramount Skydance's Warner Bros Deal: Impact on Streaming, Cinemas, and News

Paramount Skydance's proposed Warner Bros acquisition could reshape streaming, cinema releases, and news coverage, with impacts on pricing, content, and media independence.

5 min read

Brewdog to Announce Business Sale Early Next Week, CEO Confirms

Brewdog plans to announce the sale of its business next week amid financial challenges. The company faces investor concerns, job cuts, and bar closures while continuing operations globally.

3 min read