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Oil prices jump after Trump says Iranian ship seized
Posted on“Oil markets continue to gyrate in response to oscillating social media posts by the US and Iran, rather than the realities on the ground which remain challenging for oil flows to resume in a rapid fashion”, analyst Saul Kavonic from financial services firm MST Marquee told the BBC.
No 10 denies Reeves misled public in run up to Budget
Posted onDowning Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
‘I left Wales and moved to England for free childcare’
Posted onBethan LewisEducation & family correspondent, BBC Wales News Robin Lloyd Robin Lloyd said moving a few miles across the border meant she could now afford to have a second child From her Monmouthshire home, Robin Lloyd was able to see houses over the border in England knowing the families who lived there could access free…
Salary information to be shown on job ads under new laws
Posted onEmployers will have to publish salary information in job adverts under government plans to rewrite anti-discrimination laws. Details of other job conditions could also have to be disclosed to candidates, under the draft proposals. Ministers argue greater transparency will help people navigate the jobs market and could prevent future pay discrimination claims. However, details of…
Bank hints at rate cuts, but dont expect Covid-era mortgage deals
Posted onIn total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).
