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The global winners and losers of the war in Iran
Posted onFirstly, because some producers are heavily exposed to disruption in the Middle East. ExxonMobil, for instance, has operations at Qatar’s Ras Laffan industrial hub, where production has been shut down since early March, and which has now been hit by Iranian missile attacks, causing “extensive damage”.
Consett parents watering down baby milk formula over high costs
Posted onA baby bank says parents are turning to “unsafe” practices such as watering down baby formula milk to save money. Megan Sinden, founder of Moorside Baby Bank in Consett, County Durham, said a couple of families spoke of putting less powder in to get another week’s worth out of it, “which to me is quite…
Beloved by bands and bank robbers, the Ford Transit turns 60
Posted onTheo Leggett International Business Correspondent BBC Theo Leggett at the wheel of the oldest Ford Transit still in existence Climbing into a 1965 Ford Transit is like stepping into a time capsule on wheels. Forget your modern high-tech nicknacks like satnavs and touchscreens. All you get here is a steering wheel, a big chrome-lined speedometer…
Interest rates may need to rise this year says Bank of England economist
Posted onHe said that productivity, which measures how efficiently people work, has slowed down in the UK. It is also a particular problem in Wales where it is the lowest of the four home nations and around 15 percent lower than the UK average, external. People in Wales also earn lower wages than the UK average,…
