UK Drivers Pay £2bn Extra in Fuel Since Iran War
UK drivers have paid an extra £2 billion for petrol and diesel since the Iran war started, with RAC Foundation data showing significant price hikes and Treasury VAT gains.
Category : Economy
BoE Holds Rate at 3.75%: What It Means for You
The Bank of England has held the base rate at 3.75%, the lowest in three years. Here's how it affects mortgages, savings, bills and loans.
Klimt and Schiele Works to Fetch Over £150m at Auction
A collection of masterpieces by Klimt, Schiele, and others, consigned by the Lewis family (owners of Tottenham Hotspur), is expected to fetch over £150m at Sotheby's in June.
Surging Oil Price: Impact on UK Petrol, Energy, and Supermarket Costs
Brent crude hit $125, raising fears of higher petrol prices, energy bills, and food costs for UK households. Experts warn of prolonged inflationary pressures.
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UK Drivers Hit by Rising Insurance and Fuel Costs
UK motor insurance premiums rose slightly to £560 in Q1 2025, while repair costs surged. The Iran oil crisis added £2bn in fuel costs, with diesel drivers hit hardest.
BoE Holds Rates at 3.75% Amid Iran War Inflation Fears
The Bank of England keeps interest rates at 3.75% as the Iran war pushes up oil prices, raising inflation and energy costs. Experts warn of possible rate hikes.
LIV Golf Announces Major Changes, Seeks New Investors
LIV Golf releases a statement confirming board appointments and a shift to a multi-partner investment model after losing over £1bn, as the Saudi-backed tour evolves.
Nationwide's 50-30-20 Rule Could Save You Hundreds
Nationwide urges Brits to adopt the simple 50-30-20 budgeting rule to save money and manage finances effectively. Split income into essentials, wants, and savings.
Saudi Arabia Ends LIV Golf Funding, Tour in Limbo
Saudi Arabia has confirmed withdrawal of financial backing for LIV Golf, ending its lucrative venture. The tour vows to continue to 2027 despite losing its primary backer, seeking new investors.
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UK Rates Held at 3.75% as Inflation Concerns Rise
The Bank of England votes to maintain interest rates at 3.75%, balancing rising inflation from the Iran war against a sluggish economy. Experts warn of potential rate hikes ahead.
William Hill owner to close 270 shops amid takeover talks
Evoke, owner of William Hill and 888, will close 270 betting shops to offset UK tax hikes, as losses double and a £225.3m takeover by Bally’s Intralot is discussed.
Traditional Tumble Dryers Phased Out for Green Models
Labour government plans to phase out traditional tumble dryers in favour of energy-efficient heat pump models, saving households £1,000 over 20 years, but critics cite higher upfront costs.
Blackpool Tops UK Crime Rankings Outside London
Blackpool has overtaken Middlesbrough as the most dangerous place to live in England and Wales outside London, with a crime rate of 149 offences per 1,000 residents.
Bottas Reveals He Starved Himself at Start of F1 Career
Valtteri Bottas reveals in a letter that he starved himself during his Williams F1 days to meet weight targets, feeling delusional and obsessive.
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Austrian Pizzeria Charges £9.50 for Sharing Pizza
A family in Austria was stunned to be charged €11 (£9.50) for sharing a pizza at a restaurant. This is part of a growing trend of surcharges for shared dishes across the country.
Martin Lewis: DIY Holiday Booking Risks Losing Hotel Cash
Martin Lewis warns that booking flights and hotels separately means no refund if flights are cancelled, leaving holidaymakers at risk of losing hotel costs.
William Hill owner confirms 270 shop closures on tax hit
Evoke, owner of William Hill and 888, confirms around 270 betting shop closures as pre-tax losses more than double to £549.1 million due to UK tax hikes.
Iran Oil Crisis Costs UK Drivers £2 Billion
The Iran oil crisis has cost UK drivers an extra £2 billion in fuel costs since February, with diesel drivers hit hardest. VAT windfall for Treasury exceeds £336 million.
Scott Parker Departs Burnley After Relegation
Scott Parker has left Burnley by mutual consent following the club's relegation from the Premier League, with only four league wins this season.
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Premium Bonds May Draw: Check Your Prize Now
Next month's Premium Bonds prize draw is imminent. Learn when the results are out, how to check, and your chances of winning. NS&I updates available.
Whitbread Cuts 3,800 Jobs at Premier Inn
Whitbread, owner of Premier Inn, plans to cut 3,800 jobs across UK and Ireland as part of a five-year strategy to save £250 million, citing cost pressures from business rates and national insurance.
May 2026 Benefit Payment Dates and Cost of Living Help
Key May 2026 payment dates for Universal Credit, state pension, and other benefits. Plus cost of living support including crisis fund, energy help, and more.
United Utilities £800m Share Sale to Boost Water Network
United Utilities announces £800m share sale to fund £2.5bn investment in water infrastructure, creating 4,000 jobs in North West England.
Saudi Fund Withdraws from LIV Golf, Future Uncertain
Saudi Arabia's PIF to end LIV Golf funding after season. League seeks new investors and board changes amid uncertainty for players.
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Oil prices hit highest since 2022 on Iran war fears
Brent crude surged past $126 a barrel as reports suggest US President Trump is preparing strikes on Iran, escalating conflict and threatening global energy markets.
Oil Surges as Trump Threatens Iran Over Hormuz
Oil prices rose after reports that Donald Trump is considering military action to resolve the Strait of Hormuz deadlock. Trump urged Tehran to 'get smart soon' and sign a deal.
Whitbread to Cut 3,800 Jobs in Five-Year Overhaul
Whitbread, owner of Premier Inn, plans to cut 3,800 jobs and replace 197 restaurants as part of a five-year strategy to save £250 million amid cost pressures.
Fifa’s 2026 World Cup: Record $13bn Revenue Breakdown
Fifa’s 2026 World Cup in North America is set to generate $13bn, making it the most lucrative sports event ever. Revenue from TV rights, tickets, and sponsorship soars, but host cities face financial strain.
Mount: Man United can win Premier League next season
Mason Mount, after hosting a Make-A-Wish event at St George's Park, declares Manchester United can win the Premier League next season and aims for an England recall.
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Obesity Linked to Rising Cancer Rates in Young Adults
A study finds obesity is a key factor in rising cancer rates among young adults in England, but it does not fully explain the increase, suggesting unknown causes.
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