Russia strikes key energy deal with Asian BRICS partner
Indonesia has agreed to buy crude oil and LPG from Russia as Middle East supplies remain uncertain Read Full Article at RT.com
Business
Holidays abroad take a hit as cost of living fears and Iran conflict weigh on British consumers
UK travel spending has dropped for the first time since 2021 as households brace for higher energy bills and the fallout from the Iran conflict, Barclays data shows. Read more:…
HSBC warns Iran war is shaking global confidence as UK business leaders count the cost
HSBC chiefs warn the Iran conflict is denting global confidence, as UK bosses from Castore to Virgin Atlantic flag soaring costs, supply chain chaos and inflation risks. Read more: HSBC…
Morrisons to axe up to 200 head office jobs as AI drive accelerates
Morrisons is putting up to 200 Bradford head office roles at risk as the debt-laden supermarket turns to AI and automation to cut costs and streamline operations. Read more: Morrisons…
Rolls-Royce targets collectors with £3m electric Nightingale as coach-building strategy accelerates
Rolls-Royce unveils the £3m all-electric Nightingale, a coach-built hypercar limited to 100 clients, as the Goodwood marque pivots from volume to bespoke luxury. Read more: Rolls-Royce targets collectors with £3m…
Government doubles down on gaming with £30m funding package as sector eyes global growth
The UK government has unveiled a £30m funding package for video game developers, doubling support for the sector through its Creative Industries Sector Plan and Industrial Strategy. Read more: Government…
Rising energy costs from Middle East conflict set to leave UK households £480 worse off this year
Resolution Foundation warns typical working-age household faces 0.6% income decline as oil and gas price rises driven by Iran conflict wipe out energy cap savings. Read more: Rising energy costs…
Virgin StartUp opens second round of free accelerator for dyslexic entrepreneurs
Virgin StartUp has opened applications for Momentum 2.0, its free accelerator programme for dyslexic entrepreneurs, running from May to July 2026 with backing from Virgin Unite and Made By Dyslexia.…
UK firms risk being left behind as AI adoption gap widens, warns PwC
British companies are spending less on AI and seeing weaker returns than global leaders, with PwC warning the next 12 months are critical for UK firms to close the gap.…
Founders push for ‘repeat entrepreneur relief’ to keep exit capital flowing back into UK start-ups
Entrepreneurs are urging the Treasury to introduce a capital gains tax deferral for founders who reinvest exit proceeds into new UK ventures within 12 months, as lobbying intensifies around repeat…