Category: Commodities
War in Middle East ‘could wipe out growth in UK living standards’
Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktankBusiness live – latest updatesThe Middle East crisis could trigger an energy price shock that...
Read More‘By the end of the day we’re just knackered’: business booms for UK’s south Asian jewellers as gold prices soar
Economic uncertainty drives customers to snap up 22-carat gold bars and coins or sell off unworn jewellery“With everything that’s going on in the economy and Donald Trump banging his chest against the world,...
Read MoreWhy Russia’s economy is unlikely to collapse even if oil prices fall
Hopes that tougher sanctions and lower oil prices could derail Putin’s war effort underestimate how far the Kremlin has rewired its economyPacing inside the Kremlin last weekend, as news feeds churned out minute-by-minute...
Read MoreFarage criticised for £400,000 job promoting physical gold as pension investment
Exclusive: Reform leader promotes Direct Bullion – but experts say commodity is not for everyday investorsNigel Farage has been criticised over his £400,000-a-year second job promoting the idea that people should buy...
Read MoreFarage criticised for £400,000 job promoting physical gold as pension investment
Exclusive: Reform leader promotes Direct Bullion – but experts say commodity is not for everyday investorsNigel Farage has been criticised over his £400,000-a-year second job promoting the idea that people should buy...
Read MoreNationalise gas power plants to boost energy security, thinktank urges UK ministers
Common Wealth says private gas-fired stations can charge exorbitant fees when renewable energy is in short supplyBritain’s gas power stations should be nationalised to prevent their owners from holding the electricity...
Read MoreUK annual borrowing nearly £15bn above official forecast; stocks rise as Trump rows back on Fed attack – business live
UK government borrowed £151.9bn in year to March; investors cheered by hopes of US-China trade dealING currency analyst Francesco Pesole explained:Bessent threw a lifeline to fragile US sentiment with conciliatory remarks...
Read MoreBan on new drilling confirmed as ministers consult on North Sea’s ‘clean energy future’
Gas and oil industry cautiously welcomes government proposals that could ease tax burden on sectorThe UK government has pledged to “unleash the North Sea’s clean energy future”, as it confirmed plans to ban new...
Read MoreStarmer warned against approving oilfield after Labour unease over Heathrow
Exclusive: MPs and ministers say they plan to oppose the PM if he gives consent to the Rosebank developmentSenior Labour figures are warning of a serious fight if Keir Starmer tries to give the go-ahead to a giant new oilfield...
Read More‘We’d go absolutely nuts’: PM warned of Labour fight if he backs huge oilfield
Exclusive: MPs and ministers say they would oppose Starmer if he tries to approve Rosebank developmentSenior Labour figures are warning of a serious fight if Keir Starmer tries to give the go-ahead to a giant new oilfield off...
Read MoreUK must be less dependent on China for critical minerals, says thinktank
Exclusive: Labour Together urges government to ‘de-risk’ supply chains by working with other countriesThe UK must become less dependent on China for critical minerals, an influential thinktank has concluded before a...
Read MoreWill Great British Energy herald UK’s green revolution?
National energy company, which launched this week, is Labour’s strategy to end dependence on fossil fuelsAberdeen, the centre of the UK’s North Sea oil and gas industry for the past six decades, witnessed the launch...
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