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Business
The latest Business news, analysis and reporting from the Pubbverse Newsroom — updated 24/7.
Brent Oil Jumps Over 4% as US Deploys Third Carrier to Middle East
Brent crude surged over 4% after the US deployed a third aircraft carrier to the Middle East, raising concerns about supply disruptions in the Gulf. Analysts warn that heightened military activity could push oil prices higher, affecting global markets and consumers alike.
6 hours ago
UK talks with EU over emergency diesel reserves as US threatens export ban
British ministers are in contact with European partners to consider drawing down strategic diesel stocks after President Donald Trump warned of a US export ban.
8 hours ago
UK 30‑year borrowing costs rise to 6 % amid global bond sell‑off
UK 30‑year government bond yields hit 6 % amid a global sell‑off, the steepest level since 1998. The rise comes as US Treasury yields climb to their highest point since 2002, and the French‑German spread widens to a 14‑year high.
17 hours ago
Greggs to close four sites and cut 740 jobs as it reshapes operations
The bakery chain will shut four factories and eliminate 740 roles, citing the need to adapt to changing customer expectations and a challenging market.
Yesterday
More in Business
UK households face biggest energy bill rise in four years, forecast says
A typical UK household is expected to pay £1,999 for gas and electricity in 2026, the highest rise in four years, BEIS said on Monday.
Yesterday
Trump hosts tech leaders for AI luncheon amid regulatory debate
President Donald Trump hosted a luncheon for top technology executives at the White House, bringing together CEOs from Microsoft, Google, Amazon and AI start‑ups to discuss potential regulatory measures amid a surge of calls for greater oversight.
29 September 2026
UK Engages US Over Trump's Threat to Halt Diesel Exports
London seeks a diplomatic solution after Donald Trump warned of stopping US diesel shipments to the UK, warning of market disruption.
29 September 2026
Aviva warns flood risk could leave millions of UK homes without insurance
Aviva chief Amanda Blanc says England is “for sure” building homes that may become uninsurable as climate‑driven floods rise, prompting calls for policy reform.
29 September 2026
OpenAI pulls next‑gen AI model launch amid rising safety concerns
OpenAI announced it will not release its much‑anticipated model, citing unresolved risks and urging a slower pace for the sector.
29 September 2026
UK Diesel Prices Surge to Record 198p per Litre Amid Supply Crunch
The average UK diesel price has risen to a historic 198.32p per litre, driven by refinery outages, geopolitical tensions and a possible US export ban, raising costs for haulage, farming and consumers.
28 September 2026
UK diesel hits record 199p a litre as oil and borrowing costs surge
Diesel prices in Britain rose to a historic 199.18p per litre, while US Treasury yields and UK gilts climbed, reflecting heightened geopolitical tension and its knock‑on effects for consumers and markets.
28 September 2026
Heathrow runway delay could push operations to 2039
Heathrow warns its third runway may miss the 2035 target, pushing operations to 2039. The delay could impact UK travel, infrastructure and the economy, with a revised timetable set to be discussed by ministers.
28 September 2026
Healey promises 'new age of industrialisation' centred on shipbuilding at Labour conference
UK chancellor John Healey announced a suite of measures to revive domestic shipbuilding, aiming to create jobs and support green maritime projects.
28 September 2026
Premier League clubs eye compensation claim against Manchester City
Premier League clubs are consulting lawyers about a possible compensation claim against Manchester City for the 115‑charge case, raising questions about the financial and legal implications for clubs across the league.
27 September 2026
UK Chancellor Faces Two Crucial Decisions Amid Iran‑Related Economic Pressure
The UK Chancellor faces two critical decisions: mitigating Iran‑driven inflation while keeping public optimism in check.
27 September 2026
US 10‑year Treasury Yield Hits 19‑Year High, Shaking Markets
The 10‑year Treasury yield has climbed to a 19‑year high, driven by sticky inflation, heavy bond issuance and AI‑powered investment flows. The rise has major implications for borrowing costs and investors’ portfolio choices.
26 September 2026
Trump and Xi wrap Washington visit in spectacle, few substantive agreements
Trump and Xi concluded a Washington visit that was rich in ceremony but light on policy, with no major trade deals or diplomatic breakthroughs announced.
26 September 2026
UK diesel prices hit record amid Iran war, Bank of England signals rate hike
UK diesel prices hit near record levels as the Iran war fuels a surge in oil prices, prompting the Bank of England to suggest a rate hike may be inevitable.
25 September 2026
