Oil prices soar after attack on Saudi oil facilities
President Trump has declared the United States is “locked and loaded” and ready to respond over the drone strikes on two major oil facilities in Saudi Arabia, as US officials blamed Iran for the attack, revealing satellite images they claimed contained evidence to support it. Iran has continued to deny any involvement The price of…
Roger McNamee: Facebook’s ‘business model of converting people’s lives into data is morally wrong’
One man who worked closely with Zuckerberg as Facebook started out was Roger McNamee. He now profoundly disagrees with how the company is run. We spoke to him earlier.
UK economy shrinks for the first time since 2012 – Chancellor “not expecting” recession
The British economy has shrunk for the first time since 2012. GDP dropped by 0.2 per cent in the second quarter of, a fall blamed on ‘increased volatility’ about Brexit.
FactCheck: will the UK economy do better than Germany, Italy and Japan in 2019?
That’s what Chancellor Sajid Javid said today.
UK’s ten hottest years have all occurred since 2002
If you needed clear evidence of climate change, then the latest Met Office figures provide it, revealing that the UK’s ten warmest years on record have all happened since 2002, while the most recent coolest year was way back in 1963.
Greens’ Amelia Womack: Electric cars ‘a short-term solution to a long-term problem’
Deputy leader of the Green Party, Amelia Womack, and professor of business economics, David Bailey, discuss electric cars.
Jaguar Land Rover to build electric cars in Midlands
Today the company announced a massive investment at its Castle Bromwich.
William Hill shop closures could put 4,500 jobs at risk
It said it had seen a “significant fall” in revenue from fixed odds machines.
Southern Water fined for sewage treatment failures
Southern Water has been hit with a record punishment of £126 million after waste was found to have spilled from its sewage plants into the environment.
Hunt calls Johnson ‘cowardly’ for ducking TV debate
For a supposedly great communicator, Boris Johnson seems somewhat uncommunicative. He ducked out of TV discussions when there were many more would-be Tory leaders in the race. Now there are only two, he is no keener on appearing. His reluctance to appear on tomorrow’s TV debate has led Sky to cancel it. Jeremy Hunt saw…
Thousands of jobs at risk as British Steel collapses
At least 5,000 jobs in the north of England are at risk after British Steel was put into compulsory liquidation.
China hits back in trade war by raising tariffs on US goods
China has hit back against the US as the trade war between the world’s largest economies escalates.
Uber drivers strike ahead of record stock market floatation
Thousands of drivers for cab hailing apps including Uber went on strike today in protest at what they claim are declining wages and poor employment terms.
Former worker claims he saw shoddy production techniques at factory making flagship Boeing model
Boeing has announced that the fall-out from the crash of two of its 737 Max 8 planes has cost the company at least one billion dollars.
Businesses react to latest Brexit delay
Back to Westminster now – and business leaders have expressed some relief that there will be no Brexit ‘cliff edge’ tomorrow – saying an imminent economic crisis has been averted – but they’re certainly not celebrating yet.