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Energy price cap to change as winter beds in
Posted onKevin PeacheyCost of living correspondent Getty Images Regulator Ofgem will announce the next energy price cap later on Friday, with prices for millions of households expected to fall slightly at the height of winter. Gas and electricity bills remain relatively high, and the sudden drop in temperature has brought the costs to the forefront of…
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.
A Lament of Fire in the Skies of Dubai: The Tejas Tragedy Leaves the Air Heavy with Sorrow
Posted onThe Dubai Air Show was shaken from its usually immaculate rhythm when an Indian Air Force Tejas light combat aircraft plunged from the sky in a near-vertical fall and exploded into a towering fireball beside the runway. What had begun as a polished solo display transformed within seconds into a scene of chaos as emergency…
High Court rules Baroness Mone-linked company breached £122m Covid contract
Posted onRachel ClunBusiness reporter Getty Images A company linked to peer Baroness Mone and her husband Doug Barrowman has been ordered to pay £122m in damages after a judge ruled it breached a government contract for the supply of personal protective equipment (PPE) during the Covid pandemic. The Department of Health and Social Care sued PPE…
