UK Grocery Inflation Slows to 3.1% in May

Grocery price inflation in the UK eased to 3.1% in May, down from 3.8% in April, as shoppers rely on promotions. However, warnings of cost hikes from the Middle East conflict persist.

Energy Bills to Jump 13% from July 1

Ofgem's price cap rises 13% from July 1, adding £18/month to average dual-fuel bills, driven by Middle East conflict and higher wholesale gas prices.

Iran War Impacts 80% of UK Businesses

A new study reveals 80% of UK businesses are negatively impacted by the Middle East conflict, with 20% pausing investment due to geopolitical uncertainty and rising costs.

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