UK economic growth slows down as Iran war pushes up energy prices
GDP expanded by 0.4% in three months to June, but analysts warn growth is 'likely to fade'Business live - latest updates. Economic growth slowed in the second…


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GDP expanded by 0.4% in three months to June, but analysts warn growth is 'likely to fade'Business live - latest updates. Economic growth slowed in the second…

Higher oil prices boost the energy giant's results while environmental groups accuse it of profiteering.

The energy giant reports profits of $6.92bn for the first three months of the year.

Petrol thefts are up by around 62% compared to last year.

Inflation climbed as the war drove up energy prices, although it is unlikely to prompt the Bank of England to raise its key interest rate at next week's meetin…
The figures provide the first official look at the impact of the Iran war on the cost of living in the UK.

IMF projects 6.1% contraction as $270bn in damages leaves Tehran with little room to rebuild

Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next year. Rachel Reeves has announced an expansion of suppor…

World shares tumbled on Monday, with Japan's benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel.
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