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Iran Conflict Drives UK Household Energy Bills Up by 13% from July

UK household energy bills will rise 13% in July due to Iran war-driven wholesale price hikes. Ofgem's new price cap reflects a 25% gas price increase, impacting millions on variable tariffs. Government plans targeted support as consumers adapt to rising costs.

4 min read

Getty Images Woman with long hair looks at energy bill while sitting on a sofa.

Green Jobs Generate £10.2bn and 105,000 Roles in Scotland’s Economy, Reports CBI

CBI research shows Scotland's net-zero industries support over 105,000 jobs and contribute £10.2bn, with strong regional growth and skilled employment across the green economy.

4 min read

Getty Images Wind turbines on top of a hill

BP Chair Albert Manifold Removed Over Serious Governance Concerns

BP has removed chair Albert Manifold over serious governance and conduct concerns. Ian Tyler appointed interim chair. Shares dropped 4% after the news.

1 min read

UK Multi-Job Workforce Grows Amid Rising Costs and Gig Economy Expansion

Over one million UK workers hold second jobs amid rising costs and job insecurity. Stories from Bristol reveal challenges of juggling multiple roles in today's gig economy.

6 min read

CYD SMITH Woman in blue and white checked shirt with dyed pink hair and a tartan hair bow hugging white teddy.

Oil Prices Near $100 Amid US-Iran Peace Deal Hopes and Middle East Tensions

Oil prices are rising toward $100 a barrel amid hopes for a US-Iran peace deal, despite recent US strikes causing uncertainty. UK consumers face prolonged higher prices due to supply disruptions and inflationary pressures.

3 min read

Japan's crude oil tanker "Idemitsu Maru," which passed through the strait of Hormuz in April

Competition Watchdog Approves ABF and Hovis Bakery Merger in Northern Ireland

The CMA has provisionally approved the merger of ABF bakeries and Hovis in Northern Ireland after finding no viable third-party buyer to maintain competition, aligning its position with the earlier UK-wide clearance.

2 min read

Getty Images Loaves of Hovis' "Best of Both" bread stacked on top of one another in a brown crate. The wrapper states that there is 50% white flour and 50% wholemeal.

Next CEO Highlights Sharp Decline in UK Entry-Level Job Opportunities

Next CEO Lord Wolfson warns of a sharp decline in UK entry-level jobs, citing youth unemployment crisis and challenges from new employment laws and rising costs.

5 min read

BBC Lord Wolfson, chief executive of Next. He is sitting in a chair during an interview with the BBC. He is wearing glasses, a spotted tie, and a dark blue suit.

Rachel Reeves Urges Ministers to Prioritize British Firms in Key Sectors

Chancellor Rachel Reeves urges ministers to prioritize British companies in shipbuilding, steel, energy, and AI contracts, expressing frustration over foreign awards and emphasizing national security and economic growth.

5 min read

Rachel Reeves in a hard hat and protective jacket on a visit to British Steel’s Scunthorpe site

£3m Edinburgh Property Portfolio of Mark Fortune Set for Auction

Edinburgh businessman Mark Fortune's £3m property portfolio, including flats, commercial premises, and a £1.1m house, is up for auction following sequestration by the City Council.

1 min read

BBC An empty Edinburgh street with a four-storey tenement building that is bathed in winter sunshine

Oil Prices Drop Below $100 Amid Hopes for US-Iran Peace Deal

Oil prices fell below $100 a barrel amid hopes for a US-Iran peace deal, with Brent crude dropping 6%. Stock markets rose as analysts noted cautious optimism despite unresolved issues like Iran's blockade of the Strait of Hormuz.

3 min read

Oil Prices Drop Amid Optimism Over Potential US-Iran Peace Deal

Oil prices dropped sharply amid hopes of a US-Iran deal that could end the conflict and reopen the Strait of Hormuz, though negotiations continue with caution urged by President Trump.

3 min read

Reuters FILE PHOTO: A man pumps fuel into a vehicle at a petrol station in Sydney, Australia, 19 March, 2026.

Adam Price Plans to Promote Wales Globally with New Government Agency

Adam Price plans to establish a new government agency to promote Wales globally, reviving efforts similar to the former Wales Development Authority, aiming to boost investment and support business growth across the country.

3 min read