Banknotes, beavers and a very British backlash

With 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…

A spokesman for the Co-op told the BBC: “Our culture, as a co-operative, ensured decision-making throughout has listened to views from leaders and colleagues across our food and wider business, whilst simultaneously acknowledging when a wide range of views are expressed, not everybody will always agree with the final decisions and actions taken.”

Netflix is closing in on a deal to buy the film and streaming businesses of Warner Bros Discovery, according to multiple reports. The streaming giant has emerged as the top bidder for Warner Bros ahead of rivals Comcast and Paramount Skydance after offering $28 (£21) per share, according to several outlets including Reuters and the…

Oil prices have surged as much as 64% in March – when they reached nearly $120 a barrel – in the biggest monthly gain since 1990 when Iraq’s invasion of Kuwait took both countries’ oil off the market, resulting in an energy supply shock, said Nicolas Daher from the Economist Intelligence Unit.

Matt Judge/BBC The inflation rate has decreased from the 8.5% peak in 2022 The annual rate of inflation in Guernsey has continued to slow, according to the latest figures. In the 12 months to December 2025, the Retail Price Index (RPI) – which shows the cost of living in Guernsey – was 3.4%, the States…

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. G7 finance ministers said they would take the “necessary measures” to tackle the surge in oil prices but stopped short of agreeing on a release of strategic petroleum reserves after an emergency meeting on Monday. In…