News

We’ve teamed up with the BBC to bring you the very latest business and finance news as it happens.

• G7 nations to hold emergency meeting on oil as stock markets sink

  Chancellor Rachel Reeves will join talks amid reports that oil reserves could be released to lower prices.

• How high could UK petrol and diesel prices go?

  For every $10 rise in oil prices, motorists face paying roughly 7p per litre more in the UK.

• Asia governments to cap fuel prices as oil costs jump

  The price of crude has surged above $100 on concerns about shortages due to supply disruptions.

• There’s an inflation wave coming - what does the Iran war mean for the UK economy?

  Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.

• Flight paths squeezed as Iran conflict closes more airspace

  A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.

• Spain's migrants welcome amnesty: 'It will help us in every way'

  Madrid cites humanitarian and economic reasons to give undocumented workers legal status.

• Mayor Sadiq Khan invites embattled AI firm Anthropic to expand in London

  The letter from London's mayor came as the US moved to designate the company a supply chain risk.

• US economy unexpectedly sheds 92,000 jobs in February

  The contraction came as a surprise with payrolls down in nearly every sector.

• Axel Springer agrees to buy Telegraph Media Group in £575m deal

  Last year the Daily Mail and General Trust proposed to buy the company in a £500m takeover.

• Price of first class stamps to rise to £1.80

  Royal Mail says the increase reflects the rise in delivery costs, but the move angers consumer groups.

• Surge in jet fuel prices could push up air fares, analysts warn

  Disruption to supplies from the Gulf due to the Middle East conflict has pushed the cost up by more than 80%.

• Oil price at two-year high after Qatar warns all Gulf production could stop within days

  Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.

• Five ways the Iran war could affect you - in charts

  With fuel and gas prices having risen in recent days, here are some ways the conflict could affect households.

• Lenders lift mortgage rates as Iran war hits borrowing costs

  Nationwide, HSBC and Coventry Building Society are all putting some mortgage rates up.

• Emirates resumes some Dubai flights – what's the latest on travel to UK?

  New flights to the UK from the Middle East follow days of widespread air travel disruption which had left Britons stranded.

• One in 7 shops in UK has turned cashless in the past year, survey finds

  Some 14% of small High Street traders have gone card only in the last year, a survey suggests.

• US eases sanctions on Russian oil sales to India during Iran conflict

  Treasury Secretary Scott Bessent gives India a 30-day waiver to buy Russian crude as a "stop gap measure".

• Anthropic vows to sue Pentagon over supply chain risk label

  The supply chain risk designation of the artificial intelligence firm is a first for a US company.

• Heating oil costs 'worrying' for rural residents

  The price of heating oil has risen amid the Middle East conflict, hitting many in rural areas.

• UK firms pull fixed energy deals as Iran war pushes up prices

  Data suggests the number of fixed-term deals has more than halved as prices for wholesale energy surge.