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The global winners and losers of the war in Iran
Posted onFirstly, because some producers are heavily exposed to disruption in the Middle East. ExxonMobil, for instance, has operations at Qatar’s Ras Laffan industrial hub, where production has been shut down since early March, and which has now been hit by Iranian missile attacks, causing “extensive damage”.
Leonardo helicopter deal to go ahead after Reeves intervention
Posted onUnite called on the government to push ahead with publication of its Defence Investment Plan, to clarify the future of other contracts including the replacing of old fighter jets with new Typhoons, fitted with Rolls Royce engines, and a further commitment to military satellites built in Portsmouth and Stevenage.
Households could get free electricity for doing washing on sunny weekends
Posted onThe updated scheme will enable customers to be rewarded for running appliances such as washing machines and dishwashers, and charging electric vehicles, when more green energy is being generated and demand is low, such as on weekends or Bank Holidays.
Burnham warned Iran war could hit UK growth next year
Posted onAndy Burnham has been warned that the UK economy could barely grow next year if disruption in the Strait of Hormuz continues until the end of 2026. Treasury sources have confirmed that internal modelling presented to the new prime minister and chancellor suggests UK GDP growth could be as low as 0.3% in 2027, as…
