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Shell profits more than double as oil and gas prices surge

Shell more than doubled second-quarter profit to $9.84bn as oil and gas prices surged, prompting renewed calls from Greenpeace for a windfall tax.

2 min read

Fossil Free London campaigners dressed as a firefighters with a black liquid resembling oil poured over them, outside Shell UK Headquarters in London on Wednesday

Shell profits more than double as Iran war lifts oil prices

Shell's second-quarter profits more than doubled to $9.84bn after the Iran war drove up oil prices and disrupted global energy supplies.

2 min read

Bank of England expected to keep interest rates at 3.75%

Bank of England policymakers are expected to hold UK interest rates at 3.75% for a fifth time amid inflation and global uncertainty.

4 min read

Middle-aged couple look at bills on a table in front of a laptop, with a living room out of focus behind them.

How Marcia Kilgore built five beauty businesses after leaving university

Marcia Kilgore, founder of Beauty Pie, FitFlop, Soap & Glory and Bliss, shares five lessons from her career, from starting without a plan to testing ideas and making sacrifices.

5 min read

Marcia Kilgore with cropped short brown hair smiling at the camera with a blurred background wearing a nude coloured round neck top

US interest rates held for fifth straight time

The Federal Reserve has held US interest rates at 3.5% to 3.75% for a fifth straight time, citing slowing inflation but ongoing uncertainty over oil prices.

2 min read

Kevin Warsh, chairman of the Federal Reserve, takes questions from Congress

CalMac ferry Glen Rosa leaves Ferguson yard for final fitting out

MV Glen Rosa has left Ferguson Marine’s Port Glasgow yard for final fitting out at Inchgreen Marine Park, as ministers face pressure over promised future contracts.

4 min read

A large black and white ship with red funnels being guided by a tug

Nationwide blackout hits Ghana after grid fault and plant shutdowns

A major fault on Ghana's national power grid caused widespread blackouts in Accra, Kumasi and much of the north after several plants shut down on Wednesday.

3 min read

Three children study by the light of a bright lamp in a dark room, with one child pointing at a page while the others lean over their books

Complaints rise over claims of faulty cars sold by Trade Centre UK

Dozens of motorists have accused The Trade Centre UK of selling faulty cars, with complaints over breakdowns, repairs and refunds at branches in Coventry and Wednesbury.

4 min read

A woman stands at the side of a dual carriageway, with a thumbs up to the camera in this selfie photo. She is wearing a navy vest top and reflective blue sunglasses. Behind, parked half on the kerb, is a blue Vauxhall car with its orange hazard lights on.

Matcha and protein pivot lifts Greggs as first-half profit rises

Greggs reported a 20% rise in first-half profit as sales topped £1.1 billion, helped by protein salads, iced matcha lattes and new store openings.

4 min read

Heathrow allowed to recover £320m expansion costs through higher fares

The CAA has allowed Heathrow to recover £320m in early third-runway planning costs, likely adding to airline charges and passenger fares for 20-25 years.

3 min read

A British Airways plane on the tarmac at Heathrow

Oil rises after Iran attack attempt as chip stocks extend slump

Oil rose after Iran’s attempted attack on US forces, while chip stocks extended losses in Asia and Europe opened higher. Reckitt, Rio Tinto and Glencore also reported updates ahead of the Fed decision.

10 min read

Malta-flagged tanker Agios Fanourios I arriving in Iraq’s territorial waters arriving in Iraq’s territorial waters off Basra, Iraq, April 17, 2026

Heathrow can recover runway costs, raising prospect of higher fares

Heathrow Airport will be allowed to recover up to £320m spent on early third runway plans through higher airline charges, with costs likely to feed through to ticket prices.

2 min read