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BP puts North Sea business up for sale
The North Sea has increasingly become a topic for political debate. In its 2024 general election manifesto, Labour said it would not issue new licences for drilling, but would honour existing ones. But in recent months, as the Iran war pushed up global oil prices, calls have grown for more North Sea drilling to be…
British Gas boss says energy bills rise inescapable if prices stay high
The discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
Trump touts upbeat message on cost of living as Americans feel the pinch
Danielle Kayeand Natalie Sherman Watch: Trump claims “prices are coming down” at a rally in Pennsylvania President Donald Trump has told a campaign-style rally that consumer prices are falling “tremendously”, as he seeks to allay voter anxiety about the cost of living in the US. In a speech at a casino in the battleground state…
Ben & Jerry’s co-founder says Unilever blocked Palestine-themed ice cream
The co-founder of ice cream maker Ben & Jerry’s says that its parent company Unilever blocked it from launching an ice cream flavour that expressed “solidarity with Palestine”. Ben Cohen announced that he will independently create the new flavour as part of a personal series highlighting causes the company has been barred from addressing publicly….
Walmart becomes first retailer to hit $1tn market value
Walmart is the biggest brick-and-mortar retailer in the US and is known for its low prices. It has benefited from a trend of higher earners trading down to lower-priced items, as the jobs market cools and inflation persists. Its speedy home delivery offering has also enticed shoppers from households across income brackets.
Weve saved £6,000 on holidays by swapping homes with strangers
The main home-swap listings platforms vet their members and invite them to review one another. But the Association of British Insurers advises hosts to check that their home and contents insurance provides the cover they need before hosting guests. It also says it is worth checking your travel insurance before staying in someone else’s home…
