Reporting, analysis and perspective from the economy desk.
City economists warn that if oil prices return to above $100 a barrel due to renewed Iran conflict, the Bank of England may have to revise its forecasts and increase interest rates later th…
A water supply outage at Gatwick Airport lasting over eight hours left passengers without working toilets and unable to buy drinks, causing long queues and significant disruption.
A major water outage at Gatwick Airport has left all terminals without running water, disabling flushing toilets and drinking fountains. Engineers are working to restore supplies as passeng…
Gatwick Airport is experiencing a severe water shortage across both terminals, leaving toilets unusable and forcing staff to distribute bottled water. Engineers are investigating the cause …
Trump defends ‘slave labour’ import tariff against UK amid court challenge A campaign group argues a legal provision used by the White House is ‘not a freestanding au
Downing Street has announced a 20% reduction in business rates for nearly 32,000 hospitality businesses across England, including pubs, clubs and live music venues, effective from April nex…
Iran’s Revolutionary Guard vows to prevent oil and gas shipments through the Strait of Hormuz, while the US carries out a ninth consecutive night of airstrikes on Iranian military targets, …
Andy Burnham is expected to announce new North Sea oil and gas drilling licences after becoming prime minister, breaking a key Labour manifesto pledge and risking a confrontation with envir…
Andy Burnham, the expected next Labour leader, has indicated he may raise taxes on large warehouses and wealth while protecting high street shops and pubs from business rates, as he outline…