Rachel Reeves will insist she has “the right economic plan for our country” and that “working people are better off” thanks to Labour when she delivers her spring forecast to the Commons today. Addressing MPs, the chancellor will set out the need to ensure “stability in public finances”, as the world becomes “yet more uncertain”, […]
Rachel Reeves to deliver spring forecast Read More »
Nearly 500 jobs are expected to be lost when craft beer giant BrewDog is taken over by an American cannabis firm. One MP has branded the move “disastrous” for workers, while crowdfund investors look set to be left empty handed. Tilray Brands, which produces medicinal cannabis and craft beer in the US, has acquired the
Nearly 500 jobs to be lost in BrewDog’s takeover by American firm Tilray Read More »
There is nowhere else on the planet with quite as concentrated a supply of quite so much energy as the Arabian Gulf. This is the great paradox that has both haunted and supported this region for decades; it is part of the reason why so many nations around the world remain so interested in what’s
This war has massive implications for the world economy Read More »
Oil and gas prices have seen dramatic lifts as financial markets give their first reaction to the war in the Middle East. Global stock markets were down across the board but some sectors, such as energy and defence, helped limit losses. Brent crude oil rose by as much as 13% to $82 per barrel at
Oil and gas costs surge but some stocks defy war-focused sell-off Read More »
Fresh conflict in the Middle East threatens to make the cost of petrol more expensive for motorists in the UK, experts have warned. Escalating oil prices could see higher costs for consumers across the British economy – and the first place those rises will show up is at the fuel pumps. Will the cost of
Will the cost of petrol in my car go up because of Middle East conflict? Read More »
If you’ve ever spent your morning commute daydreaming about starting afresh with your career, this feature is for you. Each Monday, we speak to someone from a different profession to discover what it’s really like. This week we chat to Professor Jon Copley, a marine biologist at the School of Ocean and Earth Science at
Global oil prices have risen sharply after Iran’s response to US and Israeli airstrikes disrupted shipping, raising the prospect of a new energy-led surge in inflation. Early trading in Asia, the first main financial market activity since Saturday morning’s airstrikes on Iran, saw the international benchmark Brent crude climb 13% to $82 a barrel –
Oil prices spike as key shipping route disrupted by Iran attacks Read More »
Sky’s Data and Forensics team has been monitoring shipping through the Strait of Hormuz – a strategically vital waterway for Iran and other oil producers in the Middle East. Maritime activity has been almost brought to a standstill as the US and Iran have traded strikes. Hundreds of tankers are usually travelling through the Strait
Ship tracking reveals tankers and millions of barrels of oil stuck in the Gulf Read More »
In the most clear and consequential policy move on AI safety yet, the Trump administration has announced it will blacklist a leading AI lab over its refusal to allow unfettered access to its technology for military purposes. It is the president and his secretary of war, Pete Hegseth, going nuclear over Anthropic’s refusal to allow
Trump’s furious response to Anthropic is as much about power as it is about AI safety Read More »
Paramount has struck a $110bn deal to buy Warner Bros Discovery. The deal was struck after Netflix walked away from a bidding war for the company. Netflix had declined to match Paramount’s latest $31-per-share offer on Thursday – having offered a $27.75-per-share agreement for its studio and streaming assets. Paramount, which is led by billionaire
Paramount strikes deal to buy Warner Bros Discovery for $110bn Read More »