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Wall Street hits six-month low and Dow falls into correction as Trump ‘appears to lose his grip on markets’ – as it happened

silverguide.site – Rolling coverage of the latest economic and financial news, as Brent crude trades over $110 a barrel for first time since Monday…
Wall Street hits six-month low and Dow falls into correction as Trump ‘appears to lose his grip on markets’ – as it happened

US markets see biggest slump since start of US-Israel war on Iran

silverguide.site – Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territory…
US markets see biggest slump since start of US-Israel war on Iran

Next may be resilient – but nobody will be immune if the energy price shock goes on

silverguide.site – Timing lags in retail industry mean the impact of fuel and fabric inflation may not be felt until autumn ranges land…
Next may be resilient – but nobody will be immune if the energy price shock goes on

Hair compost, sugar waxes and refillable shampoo: inside a California low-waste salon

silverguide.site – Scisters Salon & Apothecary in the San Diego area is committed to sustainable beauty and going low-waste…
Hair compost, sugar waxes and refillable shampoo: inside a California low-waste salon

Ministers vow to spend record £8.4bn on road maintenance in England

silverguide.site – Move is part of £27bn five-year investment plan for A-roads and motorways, with almost a third going on work such as resurfacing…
Ministers vow to spend record £8.4bn on road maintenance in England

Ticketmaster quietly raised other fees after US crackdown on hidden charges

silverguide.site – Documents obtained by Guardian show company increased different fees to ‘offset revenue loss’ from FTC rule change…
Ticketmaster quietly raised other fees after US crackdown on hidden charges

Co-op boss Shirine Khoury-Haq to step down after difficult year for group

silverguide.site – Company reported loss of £125m after cyber-security attack hit sales and claims of ‘toxic’ culture …
Co-op boss Shirine Khoury-Haq to step down after difficult year for group

Australian growth forecasts slashed as global economy faces inflation spike

silverguide.site – OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation…
Australian growth forecasts slashed as global economy faces inflation spike

UK CO2 plant to reopen amid fears Iran war could lead to shortage

silverguide.site – Teesside site mothballed in September given £100m by government to restart production for at least three months…
UK CO2 plant to reopen amid fears Iran war could lead to shortage

Next says Middle East conflict could raise clothing prices by up to 10%

silverguide.site – Retailer says higher fuel and factory costs may hit supply chains and lead to ‘significant increase in prices’…
Next says Middle East conflict could raise clothing prices by up to 10%

NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened

silverguide.site – Pension minister says ‘appropriate compensation’ will be paid to the approximately 37,500 people affected…
NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened

UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

silverguide.site – BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears…
UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

War on Iran ‘making us all poorer’ but RBA may need to hike interest rates again, official warns

silverguide.site – Comments come as the Albanese government said it would back an ‘economically sustainable’ above-inflation minimum wage rise…
War on Iran ‘making us all poorer’ but RBA may need to hike interest rates again, official warns

British suppliers to be prioritised for contracts in sectors vital to national security

silverguide.site – Policy brought forward as Middle East war highlights fragility of global supply chains…
British suppliers to be prioritised for contracts in sectors vital to national security

US Postal Service to introduce 8% fuel surcharge on packages

silverguide.site – Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and run until January 2027…
US Postal Service to introduce 8% fuel surcharge on packages

No escape from the energy shock for UK business. A long-term strategy is still essential | Nils Pratley

silverguide.site – Crisis is yet another reminder that reset in industrial policy is needed that includes one for energy that is more strategic…
No escape from the energy shock for UK business. A long-term strategy is still essential | Nils Pratley

Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court

silverguide.site – Former hedge fund manager warned ex-employee he had groped that Financial Conduct Authority may question her…
Crispin Odey tried to ‘manipulate’ sexual assault victim, FCA tells court

Iran war threatens to delay large offshore wind projects in EU and UK

silverguide.site – Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects…
Iran war threatens to delay large offshore wind projects in EU and UK

Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

silverguide.site – Wael Sawan warns of pressure on diesel and petrol if strait of Hormuz does not reopen to oil and gas shipping…
Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

UK pet owners: we would like to hear about your experience of vet bills

silverguide.site – Were you surprised by your bill? Did you struggle to pay it? We would like to hear from you…
UK pet owners: we would like to hear about your experience of vet bills
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