We may not be running out of gas but we still need a serious strategic gas reserve
While the set-up in Great Britain looks secure for now, the Iran war shows why more storage seems essential
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While the set-up in Great Britain looks secure for now, the Iran war shows why more storage seems essential
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There is talk of crude surpassing its record high of 2008 with potentially dire effects for consumers and businesses
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Live Nation will pay $200m to states in lawsuit, and Ticketmaster will open parts of platform to rival companies
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London-based startup, which is vital to the governmentβs AI ambitions, is now valued at $14.6bn
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Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflict
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Exclusive: Bank Policy Institute, representing lenders such as JP Morgan and Goldman Sachs, argues that new licenses could harm US consumers and financial system
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Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEOβs pay
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US among three countries so far backing measure triggered by Middle East war, according to reports
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Rolling coverage of the latest economic and financial news, with oil on track for its biggest daily jump since 2020
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With oil prices soaring and stock markets falling, economists warn that a prolonged conflict in the Middle East risks knocking growth worldwide and boosting prices
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Figure above 40% every week since early January as report says situation βno longer in freefall nor in recoveryβ
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Business group warns of harm to small firms and trade as it calls for phased end to βde minimisβ exemptions
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Data shows labour market is still in a fragile position due to economic uncertainty, with few signs of recovery
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Escalating military aggression in Middle East continues to wipe 20m barrels from market each day
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Other lives: Construction worker on infrastructure projects in Yorkshire
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National Gas insists storage broadly in line with levels for time of year despite disruption for tankers carrying LNG
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To truly pay less than two years ago, a family might need to make dinner from washed potatoes, cheese slices, white sugar and long grain rice
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Governments are having to wake up to the fact they will have to take a closer interest in supply chains for essentials
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Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thought
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Self-styled βpunkβ beer company bought land in 2020, pledging to plant Scotlandβs βbiggest ever forestβ
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Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts
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Founder of family-owned firm says it will pause acquisitions after takeover of 15 Compass Coffee stores in US
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As the US waives its ban on India buying Putinβs oil for 30 days, Europe must bolster its own measures, such as stopping the flow of luxury cars
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Restart of operations will be a relief to those stranded but may not dispel doubts raised by past week about key transit hub
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Global markets have become inured to the US presidentβs posturing over the past year, but economists warn they may be βa little bit complacentβ in anticipating a short conflict in the Middle East
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Other lives: Public relations executive who was involved in many charitable causes in Scotland
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Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since pandemic began
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Firm says AI tools are masking identities of false applicants, who then funnel wages from remote IT jobs to North Korea
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The unemployment rate was 4.4% in February, with 130,000 jobs added in January
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Company says first-class deliveries will rise to Β£1.80 and second-class stamps will increase to 91p from 7 April
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