FTSE 100 Rallies and Oil Falls on Hopes of End to Iran Conflict
FTSE 100 posts biggest daily rise in a year as oil falls below $100 on hopes of imminent end to Iran war; Bank of England warns of supply shock.
Category : Markets
Oil prices rise 3% as US-Iran tensions escalate, Brent crude near $79
Oil jumps over 3% to $78.66 as US-Iran clashes in Gulf; Opec cuts demand forecast; FTSE up, Asian shares tumble.
Honda Quarterly Profits Halved Amid Trump Tariffs and EV Slowdown
Honda's quarterly profits fell 50% due to US tariffs and EV losses, though tariff impact is less than initially feared.
Cutting cash Isa limit will not boost stock market, MPs warn Rachel Reeves
MPs warn Rachel Reeves that cutting the cash Isa limit won't boost stock market but may raise mortgage costs, urging better financial education instead.
Poor Windows, Ugly Bricks and DIY Disasters Could Devalue Your Home by Up to 20%
Property expert Danny Johnson reveals that poor windows, ugly bricks, bad DIY, outdated carpet, and awkward bedroom layouts can slash home value by up to 20%.
Reeves City Deregulation Will Boost Uk Economy
Rachel Reeves announces 'biggest financial regulation reforms in a decade' to boost growth, but critics warn of risks similar to 2008 crisis.
FTSE 100 Suffers Biggest Fall Since February Amid Inflation Fears
FTSE 100 falls 2.47% in worst day since February as US tech sell-off and China inflation data spook markets. European and Asian indices also drop.
FTSE 100 Breaks 9,000-Point Barrier to Reach New High
FTSE 100 breaks 9,000 points, hitting a new high before closing lower amid US inflation data and trade deal advantages.
Trump intensifies attacks on Federal Reserve independence over interest rates
Donald Trump calls for Fed board to seize control from Jerome Powell if he fails to cut interest rates, amid ongoing tariff tensions and a weak jobs report.
Precious Metals Rally Pauses as Oil Gains on Trump-Zelenskyy Hopes
Asian shares mixed as precious metals retreat from record highs; oil gains 2% after Trump-Zelenskyy meeting; Fed rate cut hopes underpin markets.
UK Government Backed French Theme Park With Far-Right Links, Emails Reveal
Emails show Tory minister backed Puy du Fou's £600m Oxfordshire park despite family's far-right ties and Putin praise.
Apple's Market Value Slips 20% as iPhone Sales Falter
Apple's valuation drops 20% from $1tn peak as iPhone sales slow, suppliers warn, and global smartphone market declines for fourth quarter.
Barclays and Skipton to Cut Mortgage Rates from Wednesday
Barclays and Skipton Building Society announce mortgage rate cuts from Wednesday, offering relief to homeowners amid market volatility.
McDonald's to create 24,000 jobs with UK and Ireland expansion
McDonald's to open 200+ new UK and Ireland restaurants, creating 24,000 jobs as part of £1bn expansion plan focusing on high streets.
JP Morgan Boss Warns Trump's Fed Attacks Could Push Up Inflation
JP Morgan's Jamie Dimon warns Trump's attacks on Fed chair Powell risk higher inflation and rates, as global central banks show solidarity.
Oil Prices Tumble and Wall Street Hits Record as US and Iran Agree Peace Deal
Oil prices fell to three-month low and stock markets rallied after US and Iran agreed peace deal to reopen Strait of Hormuz. FTSE 100 ended lower.
Major Lenders Clear Path for £9.1bn Car Finance Compensation Scheme
FCA's £9.1bn car finance compensation scheme moves forward as main industry body and major lenders decline to challenge, but consumer group plans legal action.
Jamie Oliver to Relaunch Jamie's Italian in UK, Backed by Prezzo Owner
Jamie Oliver to relaunch Jamie's Italian chain in UK spring 2025, starting in Leicester Square, backed by Prezzo owner Brava Hospitality Group.
Elon Musk's $56bn Tesla Pay Package Restored by Delaware Court
Delaware supreme court reinstates Elon Musk's $56bn Tesla pay package, reversing a lower court's decision that had voided it.
Reeves: Russian War Economy Failing Despite Kremlin Claims
Analysis by Rachel Reeves argues Russian war economy is deteriorating under sanctions, despite Kremlin claims of strength, with Soviet-style controls and inflation growing.
Games Workshop Shares Rise on Record Revenue and Profit Forecast
Games Workshop forecasts record revenues of £625m and profits of £265m, shares rise despite lower licensing income and tariff costs.
ECB chief warns Trump’s Fed interference threatens global economy
ECB head Christine Lagarde warns Trump’s attacks on Fed independence pose serious danger to US and global economy, citing attempts to fire Powell and Cook.
Fortnum & Mason Unveils Easter Range with Royal Approval
Fortnum & Mason launches Easter range with royal connections, featuring hampers and treats under £10. Queen Camilla is a known shopper.
Asian stocks surge after Wall Street rallies on Iran war optimism
Asian stocks surge after Wall Street soars on renewed hopes Iran war may soon end; Trump says US done attacking in weeks.
Check for £9,470 unclaimed pension: £31.1bn waiting
Over 3 million lost pension pots worth £31.1bn remain unclaimed, with the average pot valued at £9,470, according to the Pensions Policy Institute.
Paddington Bear inspired by wartime evacuees, says author Michael Bond
Author Michael Bond reveals Paddington Bear was inspired by childhood memories of evacuees during World War II.
BBC To Cut 2,000 Jobs In Major Cost-Saving Restructure
BBC announces up to 2,000 job cuts in £500m cost-saving drive, with news division hit hardest.
Underwater Lots in San Francisco Sold for Just $250
San Francisco underwater lots sold for $250 each at auction; buyers face legal and environmental challenges for development.
Oil Prices Plunge as Asian Stocks Rally on US-Iran Ceasefire
Asian stocks surge, oil prices plummet on US-Iran two-week ceasefire and Strait of Hormuz reopening deal; analysts cautious.
Oil Prices Drop to Pre-War Levels as US-Iran Peace Talks Progress
Oil prices fall to pre-war levels as US-Iran peace talks progress, with Brent crude dropping nearly 2% to $76.4 a barrel.
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