Business

Analysts warn Iran conflict could push oil above $100 per barrel as FTSE 100 drops 1% – business live

Analysts warn Iran conflict could push oil above $100 per barrel as FTSE 100 drops 1% – business live

Analyst: Oil could climb to $100 a barrel as traffic through the Strait of Hormuz stops Analysts caution that the conflict involving the United States, Israel and Iran may push crude prices toward $100 per barrel. Research firm Wood Mackenzie says higher oil and gas prices are inevitable, and that

UK home prices climb in February while chancellor steers clear of negative speculation

UK home prices climb in February while chancellor steers clear of negative speculation

House prices in the United Kingdom rose in February as Chancellor Rachel Reeves avoided a repeat of the pre‑budget “negative speculation” that had weighed on the market, ahead of her spring forecast presentation on Tuesday. Nationwide reported that the average house price reached £273,176 last month, a 0.

Funding AI‑proof ‘Halo’ firms drives UK and EU markets to all‑time highs

Funding AI‑proof ‘Halo’ firms drives UK and EU markets to all‑time highs

Investors have adopted a fresh rallying cry as they brace for artificial intelligence to reshape the world economy – the Halo strategy. Attention to Halo – an abbreviation for “heavy assets, low obsolescence” – has grown as capital seekers look for firms that own concrete, productive resources, which may be less vulnerable to

Harrods sued over £1-per-guest dining fee that bypasses staff payments.

Harrods sued over £1-per-guest dining fee that bypasses staff payments.

Harrods is confronting a tribunal claim over a £1‑per‑person cover charge added to diners’ bills that, according to staff, does not reach employees. The case could set a precedent for a number of upscale eateries. The rule, which took effect in October 2024, obliges owners to pass all

"Nations weigh halting Russian oil and gas purchases as Trump sanctions take quick effect"

"Nations weigh halting Russian oil and gas purchases as Trump sanctions take quick effect"

Donald Trump’s efforts to mediate peace in Ukraine may hinge on one critical issue: can the U.S. leader persuade nations to reduce their reliance on Russia’s energy exports? Recently, Trump introduced sanctions against two of Russia’s biggest oil firms, Rosneft and Lukoil, aiming to weaken Moscow’

"Risks of centrist economics in a divided world"

"Risks of centrist economics in a divided world"

Navigating the economic landscape as a centrist thinker is challenging in today’s politically charged environment, where every viewpoint is quickly categorized into rigid ideological positions. A sentiment often linked to Leon Trotsky applies here—centrist economists may avoid conflict, but conflict finds them regardless. Take, for example, my 2016

"Bloomsbury head suggests AI aids writers in overcoming block"

"Bloomsbury head suggests AI aids writers in overcoming block"

Artificial intelligence may assist authors in overcoming creative hurdles, according to the head of the publishing company Bloomsbury. Nigel Newton, founder and chief executive of the firm behind the *Harry Potter* series, suggested that while AI could support various creative fields, it would not replace well-known writers entirely. "