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Watch: How oil and gas prices are pushing up the cost of living
Posted onThe war in the Middle East is less than a month old, but its impact is already being felt widely. In the UK on Thursday, the Bank of England held interest rates at 3.75% on Thursday – after an earlier expectation they could be cut – with a warning that inflation could tick up. Ahead…
New car sales hit 2m, but EV discounts cant go on, warns SMMT
Posted onTheo LeggettBusiness Correspondent Getty Images Government discounts for electric vehicles are “unsustainable”, a major motoring group has warned, as the number of new cars registered in the UK exceeded two million last year for the first time since the pandemic. Nearly 500,000 of the new cars sold were electric, according to new figures from the…
Energy costs in Wales – how much will they rise by and what help is there?
Posted onWith colder weather on the way, millions of households in Wales face another spike in energy costs. From 1 October, 2025, the price for energy for a typical household will go up by 2% to £1,755 per year. Bills are significantly lower than they were at the peak of the energy crisis, but another winter…
Sam Altman backs Anthropic in AI battlefield row with Pentagon
Posted onOn Friday morning, groups representing roughly 700,000 tech workers within Amazon, Google, and Microsoft, all companies that have their own contracts with the Defence Department, signed an open letter urging the companies they worked for to also “refuse to comply” with the Pentagon’s demands.
