Oil Jumps and Asian Markets Slide as US Plans Hormuz Blockade
Oil prices jump and Asian markets slide as US prepares Strait of Hormuz blockade after failed Iran ceasefire talks.
Category : Markets
US Stocks Fall Amid Iran Strikes and Fed Rate Hike Concerns
US stock markets fell on Wednesday as Iran strikes continued and the Federal Reserve flagged concerns that would warrant higher interest rates, with the Dow down 1.09%.
Tottenham's £230m Spending: Desperate Gamble?
Tottenham's unprecedented £230m summer transfer splurge, funded by owner Joe Lewis's art sales, marks a sharp strategy shift under volatile manager Roberto De Zerbi, raising questions about long-term planning.
Tesco's Global Retreat: Central Europe Stores May Be Sold
Tesco explores sale of central Europe operations, marking further retreat from international ambitions as UK focus boosts shareholder returns.
US and European Stocks Rise, FTSE 100 Narrows Losses
US stocks rose in early trading while European markets also gained. The FTSE 100 pared losses to -0.1%, with AstraZeneca down 7.4% after a drug trial failure. Oil prices fell 1%.
Fed Governor Lisa Cook Sues Trump Over Dismissal
Fed Governor Lisa Cook sues President Trump over his attempt to fire her, alleging violation of the Federal Reserve Act and threatening central bank independence.
State Pension Alert: Act Now or Risk Missing Payments
Workers urged to check State Pension contributions before April 5, 2025 deadline to avoid missing full payments.
UK Mortgage Rates Rise as FTSE 100 Faces Volatility
FTSE 100 loses 2026 gains, UK borrowing costs hit 2008 highs, energy bills could reach £2,000, and petrol prices rise amid Middle East conflict.
Oil Retreats and Markets Recover After Iran Declares End of Military Operations
Oil prices fall back and markets recover after Iran announces end of military operations against Israel, easing conflict fears.
Security Firm Tightens Vetting After MP Given Bodyguard with Far-Right Links
Mitie tightens vetting after assigning bodyguard with far-right links to MP; threats against politicians reach record levels.
Stock Markets Stumble as Trump Tariff Threats Rattle Investors
Stock markets fall as Trump threatens new tariffs despite Supreme Court ruling, with polls showing growing domestic opposition.
Wall Street Sees Worst Day Since October After Trump Tariff Threats
Wall Street suffered its worst day since October after Trump threatened tariffs on eight European countries over Greenland, sparking a global sell-off.
Gibbs Transport Collapses Into Liquidation With 80 Depots
Gibbs Transport Limited, a family-run haulage firm with 80 UK depots, has gone into liquidation, dealing a major blow to the freight sector.
Oil Surges, Stocks Slide as US-Iran Ceasefire Collapses
Oil surges over 5% after US-Iran ceasefire collapses, sparking global stock market declines and rising bond yields on inflation fears.
Illegal Weight Loss Jabs Sold in London Pubs and Chip Shops
Illegal weight loss jabs are being sold in London pubs and chip shops, with counterfeit products posing serious health risks, a report finds.
Trump hosts US tech leaders at White House dinner – minus Elon Musk
Trump hosts tech leaders at White House dinner; Elon Musk absent, highlighting rift between the two after public falling out.
Trump’s China Trade Truce Extension Sparks Global Market Rally
Trump extends China trade truce for 90 days, sparking global market rally with record highs in Japan and Australia.
EuroMillions £177k Unclaimed: 7 Days Left for Winner
The National Lottery is urgently searching for a EuroMillions winner who has just one week left to claim a £177,547.30 prize from the January 16 draw, purchased in the Watford area.
Lotto Results Live: £5m Jackpot and Thunderball July 8
The National Lottery Lotto draw on July 8 offers a £5 million jackpot. Results are revealed at 8pm, with Thunderball at 8.15pm. Players can enter by choosing six numbers from 1 to 59 or buying a Lucky Dip.
Mortgage and business lending slowdown expected in 2026 but dip is ‘temporary’
EY Item Club forecasts slower mortgage and business lending growth in 2026, but expects a rebound from 2027 as the UK economy strengthens.
Bellway Shares Fall as Full-Year Earnings Forecast Disappoints
Bellway shares fall as full-year earnings forecast disappoints, with margin downgrade and mortgage market volatility flagged due to Iran conflict.
Oil Prices Plunge and Stocks Surge After US-Iran Ceasefire Deal
Oil prices plunge and stocks surge after US and Iran agree two-week conditional ceasefire, reopening Strait of Hormuz under Iranian management.
FTSE 100 Breaks 9,000 Points in Historic Rally
FTSE 100 breaks 9,000 points for first time, up 10% in 2025, driven by investor flight from US stocks and UK trade deal.
New Plans for Wythenshawe Business Park Near Airport
Aviva Investors unveil revised plans for a logistics hub near Manchester Airport, creating 40,000 sqm of space and £44m economic boost, after previous refusal.
Jaecoo 7 Tops UK Car Popularity, Beats Ford and BMW
The Jaecoo 7, a £29,000 Chinese SUV, is the most popular car in the UK with a 58% increase in Carwow enquiries, surpassing Ford and BMW.
Oil Prices Surge 3% After US-Iran Attacks
Brent crude oil jumped 3% to $76 a barrel on Wednesday after US-Iran attacks threatened the Strait of Hormuz ceasefire, triggering stock market declines across Europe.
Bank of England Holds Rates Amid Iran Uncertainty; Oil Falls on Peace Hopes
BoE holds rates at 3.75% amid Iran uncertainty; oil falls on peace hopes; Asda partners with Ocado; South East Water faces debt downgrade.
Bank of England Warns of Dot Com Level AI Bubble Risk
Bank of England warns of AI bubble risk, citing stretched valuations and potential sharp market correction.
Trump's Truth Social Stake Plummets $1bn After $58m Loss Revealed
Trump's Truth Social stake loses $1bn after company reports $58m loss and auditor flags going concern doubts.
Asian Shares Rally on Wall Street Gains and Falling Oil Prices
Asian shares rally on Wall Street gains and falling oil prices, led by tech stocks after Nvidia's strong earnings.
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