Oil price briefly hits $120 after reports of extended Iran blockade

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Russian President Vladimir Putin has ordered his officials to draft proposals for a possible commencement of nuclear weapons tests in response to Donald Trump’s vow to resume such activity. The US president raised…

In recent weeks, giants including Google, Amazon, Meta, as well as smaller firms such as Pinterest and Atlassian, have all announced or warned of plans to shrink their workforce, pointing to developments in AI that they say are allowing their firms to do more with fewer people.

Emer MoreauBusiness reporter Getty Images A quarter of all first-class post was delivered late last year Royal Mail has been fined £21m after almost a quarter of first-class post arrived late, Ofcom has announced. It is the third-largest fine the communications watchdog has ever issued and follows its investigation after Royal Mail missed its targets…

Emer MoreauBusiness reporter Getty Images Learner drivers could have to wait six months before booking a practical test The UK government has launched the first major road safety strategy in over a decade, aimed at lowering the number of people who are killed or seriously injured on the roads. The changes only apply to England…