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Door is open to customs union talks with UK, EU Commissioner says
Posted onAsked whether he would consider a new agreement, Dombrovskis said: “We are open for further discussions, we know the prime minister has expressed interest, actually, to come back to this issue, and there is certainly openness from the EU side for this.”
From oil giants to banks: The companies making billions from the Iran war
Posted onUS giants ExxonMobil and Chevron saw their earnings fall compared with the same period last year, due to supply disruption from the Middle East, but both beat analysts’ forecasts and expect their profits to grow further as the year goes on, with the price of oil still significantly higher than when the war broke out.
Two charged after collapse of funeral firm Safe Hands
Posted onTwo people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Energy bills, mortgages and more: How the Iran war may affect your finances
Posted onYet, analysts do not think inflation will return to the peak of 11.1% seen in the UK in October 2022. That is because the war in Ukraine also caused spikes in the prices of basic foodstuffs, such as wheat and edible oil, owing to the role of Ukraine in producing those items. That is not…
