Rolling coverage of the latest economic and financial news ...

UK shares moved higher on Wednesday as hopes of progress in the Iran conflict pushed oil prices lower and improved investor ...

The waiver reflects increasing supply concerns over certain fuels due to the effective blockade of the Strait of Hormuz.

Under the cap the average gas and electricity bill will increase to the equivalent of £1,862 a year from July until the end of September to take account of the rise in global energy market prices ...

In theory, the U.K. should be less exposed to the impact of higher energy prices than some peers. In practice, the price surge is having a dire impact.

The FTSE 100 nudged higher on Wednesday and the oil price fell amid fresh hopes for progress in talks between the US and Iran ...

Global oil prices have surged back to $100 a barrel, as diminishing hopes for a US-Iran peace deal cast a shadow over ...

Oil price climbs as Middle East tensions flare - The FTSE 100 closed down 41.21 points, or 0.4%, at 10,332.30.

The FTSE 100 opened 27 points lower at 10,382.67 amid mixed global cues and elevated oil prices. Meanwhile, Brent crude ...

Starmer ‘facing calls to rethink approach to North Sea drilling’ as oil prices spiral - While Sir Keir has argued that new ...