Category: News

Airlines face soaring fuel costs as jet fuel prices hit a three-and-a-half-year high following disruption in the Middle East, with European carriers warning profits could be squeezed despite hedging strategies.

Morgan Stanley plans to cut 2,500 jobs—around 3% of its workforce—despite reporting record revenues of $70.6bn, amid growing debate over AI’s impact on white-collar employment.

The UK government has urged employers to remove “masculine-coded” words like competitive and ambitious from job adverts to encourage more women to apply, sparking criticism from opposition politicians.

UK new car registrations topped 90,000 in February, the highest for the month in more than 20 years, but electric vehicle market share slipped again, raising concerns about EV adoption targets.

The Government has launched voluntary gender pay gap and menopause action plans for large employers, aiming to help women thrive at work and narrow workplace inequality.

The FTSE 100 steadied as oil prices rose above $83 amid fears the Iran conflict could disrupt global energy supplies and push UK inflation and interest rates higher.

Heathrow’s £49bn third runway expansion faces criticism from a new report warning its timeline and funding claims may be unrealistic, with airlines fearing soaring landing charges.

Rachel Reeves’ Spring Statement 2026 downgraded UK growth forecasts as Middle East tensions fuel inflation fears. Business leaders warn stability rhetoric must be matched with urgent economic action.

Experts warn Bank of England base rate cuts could be delayed in 2026 after Middle East conflict triggered surging gas prices, rising gilt yields and fresh inflation concerns.

UK shop price inflation eased to 1.1% in February, driven by discounting in fashion and beauty and slower food price growth, according to BRC and NielsenIQ.

UK household energy bills could rise to £2,500 a year if the Iran conflict disrupts LNG supplies from Qatar and the Strait of Hormuz, analysts warn.

BrewDog has been sold to US cannabis and brewing group Tilray in a £33m deal, preserving 733 jobs but triggering the closure of 38 bars and 484 redundancies.

BrewDog has shut all its bars for a day as it moves closer to a potential sale, with advisers AlixPartners overseeing the process after years of losses and restructuring.

Complaints made by taxpayers about HM Revenue & Customs have climbed to their highest level in five years, with the proportion of cases resulting in compensation also reaching a recent peak.