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UK economy grew faster than expected in February

2+ hour, 12+ min ago  (200+ words) The UK economy grew by a faster-than-expected 0. 5% in February, official figures show. The Office for National Statistics (ONS) also said the economy grew by 0. 1% in January after previously saying the start of the year had seen no growth. The figures…...

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Newspaper headlines: 'Summer of shortages' and 'War windfall"

7+ hour, 18+ min ago  (27+ words) Fears the Iran war could lead to UK supermarket shortages this summer and news of big oil windfalls lead Thursday's papers. 'Summer of shortages' and 'War windfall'...

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Scheme to support energy-intensive firms to be expanded

8+ hour, 50+ min ago  (607+ words) More businesses have been promised help with their energy bills from April next year, after the government announced it was expanding a support scheme first outlined in 2025. Around 10, 000 energy-intensive manufacturers in sectors such as steel and pharmaceuticals could see their…...

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Bank of England boss Bailey says he won't rush interest rate rises

15+ hour, 30+ min ago  (653+ words) Bank of England governor Andrew Bailey says the UK's central bank will not rush to make a decision on interest rate rises, despite the world facing what he described as a "very big energy shock". Speaking to the BBC at…...

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Plan to raise North Devon taxi fares due to higher fuel prices

1+ day, 1+ hour ago  (358+ words) A council has agreed to a proposal to increase taxi fares to help cab drivers cope with the higher cost of fuel as a result of the Middle East conflict. North Devon Council has agreed to raise a starting charge…...

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Newspaper headlines: 'UK economy takes triple hit' and 'Cheers, Timmy!"

1+ day, 7+ hour ago  (35+ words) Iran war impact on UK economy and Chalamet's opera-ballet jab surges ticket sales leads the papers. 'UK economy takes triple hit' and 'Cheers, Timmy!'...

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UK faces biggest hit to growth from Iran war of major economies, IMF says

1+ day, 19+ hour ago  (1192+ words) The energy shock from the Iran war will hit the UK the hardest of the world's advanced economies, the International Monetary Fund (IMF) has forecast. In its latest World Economic Outlook, the IMF cut its estimate for UK growth this…...

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Guernsey's inflation rate slows to 3. 1% - States

5+ mon, 2+ week ago  (184+ words) Guernsey's rate of inflation slowed to 3. 3% between June and September, according to the latest figures from the States of Guernsey. The figure, based on the Retail Price Index (RPI), is down from 5. 1% a year earlier and 0. 6 percentage points lower than…...

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How holidays, food and clothes soon cost you more - despite the Iran ceasefire

2+ day, 21+ hour ago  (253+ words) Petrol and diesel costs have soared since the US and Israel launched wide-ranging strikes on Iran and there are warnings food, holidays and even clothes could also get more expensive. News of a. .. How the cost of holidays, food and clothes…...

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BBC Audio | Business Daily | Iran's economy: Counting the cost of war

2+ day, 6+ hour ago  (213+ words) Iran's economy is under strain from war, long-standing sanctions and a nationwide internet shutdown. We hear from people inside the country, and ask how much damage has been done, and how recovery could begin. If you'd like to get in…...