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Business

Gas costs surge and oil hits $113 as markets fret over supplies amid Putin’s war

The cost of Brent crude oil and natural gas have surged sharply as markets eye the chance of crucial Russian supplies being cut off...

by admin March 2, 2022
Business

Weaning Europe off Russian energy will highlight cost of Ukraine invasion at home

Russia’s war on Ukraine has sparked many extraordinary developments, among them the sanctions unleashed by the west on Moscow, which have been far more...

by admin March 2, 2022
Business

Driven by food costs, shop prices rise at their fastest rate in 10 years

Shop prices rose at their fastest rate in over a decade last month, new figures show. Retail price annual inflation accelerated to 1.8% in...

by admin March 1, 2022
Business

British Gas owner to cancel gas purchases from Russian suppliers

British Gas owner Centrica says it is planning to cancel its contracts with Russian gas suppliers, including Gazprom, as a matter of “urgency”. The...

by admin March 1, 2022
Business

‘Leaky homes surcharge’: Homes that are not energy efficient will cost an extra £390 after price cap rises, study says

Homes that are less energy efficient could cost hundreds of pounds more to heat after the energy price cap rises next month, according to...

by admin March 1, 2022
Business

Shell dumps Russian oil ventures following invasion

Oil titan Shell has announced that it will exit all of its joint ventures with Gazprom, an energy company controlled by the Russian state,...

by admin February 28, 2022
Business

‘No place for dirty money’: PM moves to stop the UK being used to launder ill-gotten wealth

Plans to tackle the flow of “dirty money” and stop the laundering of ill-gotten wealth in the UK property market will be fast-tracked by...

by admin February 27, 2022
Business

BP to offload its 19.75% stake in state-owned Russian oil giant Rosneft

BP is to offload its 19.75% stake in state-owned Russian oil giant Rosneft “with immediate effect” following the invasion of Ukraine. The firm’s chief...

by admin February 27, 2022
Business

Western allies agree to cut select Russian banks from global financial messaging system SWIFT

Western allies have agreed to remove selected Russian banks from the SWIFT global financial messaging system. In a joint statement, leader of the European...

by admin February 26, 2022
Business

Convenience store giant McColl’s scrambles to stave off collapse

McColl’s Retail Group, one of Britain’s biggest convenience store chains, is racing to secure new funding to stave off a collapse that could put...

by admin February 26, 2022
Business

British Airways suffers major outage, leading to flight cancellations – but says it wasn’t a cyber attack

British Airways has suffered a major outage, causing several flights to be cancelled and leaving passengers stuck on planes after landing at Heathrow. The...

by admin February 25, 2022
Business

Oil and gas costs ease and FTSE 100 recovers all Ukraine invasion losses

Asian shares have rallied slightly driven by a US rebound as some analysts said the sanctions imposed by the West against Russia over the...

by admin February 25, 2022
Business

Boris Johnson’s new sanctions against Russia pack a bigger punch – but they still might not be enough

After the damp squib that was the modest package of sanctions unveiled by Boris Johnson on Tuesday, this evening’s latest salvo certainly had a...

by admin February 24, 2022
Business

SWIFT sanctions could hurt Russia – but pain would also be felt by the West

Cutting Russia off from the SWIFT global payments system would be one of the toughest sanctions the West could impose. But it would also...

by admin February 24, 2022
Business

Oil smashes through $100 barrier in safe haven rush as Putin pulls trigger on Ukraine

The full scale invasion of Ukraine by Russia has sparked a rush for safe haven assets and sent the cost of Brent crude oil...

by admin February 24, 2022
Business

‘Please reflect on the situation’: Poorest will suffer most if wages and prices rise to reflect inflation, BoE governor warns

The governor of the Bank of England has warned that large wage rises and price-setting to reflect surging inflation risk embedding rising costs in...

by admin February 23, 2022
Business

Barclays freezes Staley share awards as he fights Epstein probe

Barclays is to freeze millions of pounds in share awards to its former chief executive as he contests the findings of a regulatory probe...

by admin February 22, 2022
Business

Oil marches towards $100 a barrel as markets react to Ukraine developments

Stock markets are plunging and Brent crude oil costs are nearing $100 a barrel as the crisis over Ukraine deteriorates. Brent, the international benchmark,...

by admin February 22, 2022
Business

Women now make up almost 40% of board seats on FTSE 100 firms

Nearly 40% of all board positions at the UK’s top companies are now held by women, up from 12.5% a decade ago, new government...

by admin February 21, 2022
Business

House prices see ‘biggest leap for 20 years’ as buyers return to city living

The average price tag for a home has shot up by almost £8,000 in the space of a month as the easing in the...

by admin February 21, 2022
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Recent Articles
  • Wall Street is too fixated on the high valuations of tech and speculative stocks, Cramer saysWall Street is too fixated on the high valuations of tech and speculative stocks, Cramer says
  • Bitcoin retail investor at 'max desperation,' says Bitwise CIO, but crypto winter not comingBitcoin retail investor at ‘max desperation,’ says Bitwise CIO, but crypto winter not coming
  • Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawalTrump renominates Musk ally Jared Isaacman to run NASA months after withdrawal
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  • Chancellor Rachel Reeves blames other people's mistakes for her predicament but she bears some responsibilityChancellor Rachel Reeves blames other people’s mistakes for her predicament but she bears some responsibility
  • Dark Matter May Behave Like Ordinary Matter Under Gravity, New Study Finds
  • Interstellar Visitor 3I/ATLAS Brightens Faster Than Expected, Surprising Scientists
  • Point Nemo: The Remote Ocean Graveyard Where the ISS Will Make Its Final Descent in 2030
  • Meteorite May Have Hit Moving Car in Australia, Scientists Investigate
World News
  • Meet the underground squad with the lives of countless civilians in their handsMeet the underground squad with the lives of countless civilians in their hands
  • Thousands targeted in 'killing fields' around Sudanese city in paramilitary group's handsThousands targeted in ‘killing fields’ around Sudanese city in paramilitary group’s hands
  • Israeli military's former top lawyer arrested over leaked video - as bodies of 45 Palestinians handed overIsraeli military’s former top lawyer arrested over leaked video – as bodies of 45 Palestinians handed over
  • Only survivor of Air India Flight 171 crash tells Sky News the trauma 'broke' himOnly survivor of Air India Flight 171 crash tells Sky News the trauma ‘broke’ him
  • At least 20 dead and 150 injured after magnitude 6.3 earthquake in north AfghanistanAt least 20 dead and 150 injured after magnitude 6.3 earthquake in north Afghanistan
  • Hurricane Melissa leaves 28 dead after tearing through JamaicaHurricane Melissa leaves 28 dead after tearing through Jamaica
  • Ukrainian troops 'start surrendering' in key city but Kyiv says situation 'dynamic'Ukrainian troops ‘start surrendering’ in key city but Kyiv says situation ‘dynamic’
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