Easter lifts footfall but retailers brace for April cost squeeze
UK retail footfall rose 2.4% in March as Easter drew shoppers back, but the BRC warns April tax rises, wage hikes and fuel costs threaten high street recovery. Read more:…
Business
White House warns staff over Iran war bets – media
The warning comes as markets have spiked on several occasions before big announcements by President Trump Read Full Article at RT.com
Retail backers of SEIT face wiping out half their money as green trust raises the white flag
SDCL Efficiency Income Trust (SEIT) has abandoned its rescue plan and opted for a managed wind-down after pressure from activist Saba Capital, leaving retail investors nursing potential losses of more…
OpenAI pulls plug on Stargate UK, leaving Starmer’s AI superpower pitch in tatters
OpenAI has paused its Stargate UK data centre investment, citing sky-high British energy prices and copyright uncertainty, in a blow to Labour's AI superpower ambitions. Read more: OpenAI pulls plug…
JLR battery plant lands £380m as government unveils £700m EV package
Jaguar Land Rover's Somerset gigafactory secures £380m as part of a £700m government package backing British EV manufacturing, R&D and SME supply chain firms. Read more: JLR battery plant lands…
Mortgage defaults hit two-year high as Iran crisis drives borrowing costs sharply higher
Bank of England Credit Conditions Survey shows mortgage defaults at a two-year high as the Iran crisis drives borrowing costs up, squeezing homeowners and SMEs. Read more: Mortgage defaults hit…
Mexico threatens to ditch US gas
Mexico, the largest importer of US natural gas, is exploring fracking as the war in the Middle East fuels global energy price volatility Read Full Article at RT.com
US energy giants report fallout from Middle East war
US oil giants ExxonMobil and Chevron have reported lower output as the Iran conflict has disrupted the energy supply in the Middle East Read Full Article at RT.com
Oil price surges towards $100 as Middle East ceasefire begins to unravel
Brent crude jumps 4% towards $100 a barrel after Iran closes the Strait of Hormuz in response to Israeli strikes, threatening 20% of global oil and gas supplies. Read more:…
Vinted breaks the billion-euro barrier as thrifty shoppers embrace second-hand fashion
Vinted revenues rose 38 per cent to €1.1bn as cash-strapped consumers turn to second-hand fashion, with the UK now its second-largest market boasting 16 million users. Read more: Vinted breaks…