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Business News

business

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

silverguide.site – Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR says…
Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges
business

Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

silverguide.site – Mark Preston, of Grosvenor Group, who owns one of the UK’s leading farms, says knock-on effect of Iran war could arrive next year…
Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm
business

In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho

silverguide.site – If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us…
In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho
business

Norwegian government attacked over decision to reopen North Sea gasfields

silverguide.site – Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents…
Norwegian government attacked over decision to reopen North Sea gasfields
business

Dozens of former WH Smith stores face closure, putting thousands of jobs at risk

silverguide.site – New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending…
Dozens of former WH Smith stores face closure, putting thousands of jobs at risk
business

JD Wetherspoon issues third profit warning this year as costs climb

silverguide.site – Chair Tim Martin says pub chain could miss expectations, in latest sign UK hospitality sector buckling under higher bills…
JD Wetherspoon issues third profit warning this year as costs climb
business

UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns

silverguide.site – FCA focuses on marketing, misleading ads, unfair exit fees and people being signed up without their permission…
UK regulator launches review of ‘aggressive’ claims management firms amid compensation concerns
business

Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – business live

silverguide.site – Iran’s Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors’…
Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – business live
business

‘Our competitors are everyone’: Joybuy leads ‘China’s Amazon’ into the UK

silverguide.site – Taking on its US rival in Britain is expected to lead to ‘collateral damage’ for UK retailers…
‘Our competitors are everyone’: Joybuy leads ‘China’s Amazon’ into the UK
business

‘RAMageddon’: is the era of cheap phones and laptops over?

silverguide.site – Bargains are disappearing and the cost of gadgets such as MacBooks and PS5s is rising as AI competes for memory chips…
‘RAMageddon’: is the era of cheap phones and laptops over?
business

Global finance watchdog warns over private credit industry fuelling AI boom

silverguide.site – Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowers…
Global finance watchdog warns over private credit industry fuelling AI boom
business

Totally grounded? How the jet fuel crisis could change our holidays – and world history

silverguide.site – Jet fuel has doubled in price since the start of the war on Iran. How bad will the disruption get and could this accelerate the route to jet zero?…
Totally grounded? How the jet fuel crisis could change our holidays – and world history
business

Four in five Britons worried Iran war will make food more expensive, poll finds

silverguide.site – Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs…
Four in five Britons worried Iran war will make food more expensive, poll finds
business

Two million airline seats cut amid soaring jet fuel prices

silverguide.site – May rescheduling could be followed by summer cancellations as Middle East war continues to disrupt supplies…
Two million airline seats cut amid soaring jet fuel prices
business

Stock markets are wobbling, but £10bn cash bids at fat premiums can still happen

silverguide.site – A Swedish firm’s pursuit of the product testing company Intertek suggests investors’ price expectations are yet to be shifted by the Iran war…
Stock markets are wobbling, but £10bn cash bids at fat premiums can still happen
business

UK’s long-term borrowing costs hit highest level since 1998

silverguide.site – Rise in bond yields due to fuel prices and stability concerns will eat away at Rachel Reeves’s fiscal headroom…
UK’s long-term borrowing costs hit highest level since 1998
business

UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’

silverguide.site – BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMT…
UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’
business

Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault

silverguide.site – In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflation…
Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault
business

Reform UK’s immigration policies are a significant risk to the UK economy | Sushil Wadhwani

silverguide.site – An exodus of workers will be damaging – and electoral change might help Britain escape instability and low growth…
Reform UK’s immigration policies are a significant risk to the UK economy | Sushil Wadhwani
business

Vodafone to take full control of UK mobile operator in £4.3bn deal

silverguide.site – Hong Kong conglomerate CK Hutchison agrees to sell 49% stake as it attempts to reshape its portfolio…
Vodafone to take full control of UK mobile operator in £4.3bn deal
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