Business News

The rise in gas prices over the past 48 hours is without precedent.

The economic impacts of the Iran war are already being felt in global markets, and could raise energy prices and wider consumer bills in the UK before long.

The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the chancellor has revealed.

There is nowhere else on the planet with quite as concentrated a supply of quite so much energy as the Arabian Gulf.

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Oil and gas prices have seen dramatic lifts as financial markets give their first reaction to the war in the Middle East.

Rachel Reeves will insist she has "the right economic plan for our country" and that "working people are better off" thanks to Labour when she delivers her spring forecast to the Commons today.

Nearly 500 jobs are expected to be lost when craft beer giant BrewDog is taken over by an American cannabis firm.

Fresh conflict in the Middle East threatens to make the cost of petrol more expensive for motorists in the UK, experts have warned.