Business News

Chancellor Rachel Reeves has warned petrol retailers of a "shared obligation" to keep prices down for motorists amid soaring prices and war in the Middle East.

The UK economy grew by 0.2% in the three months to January but with zero growth that month, according to official figures, as the prospects ahead are clouded by uncertainty due to the effects of the Middle East war.

In a war increasingly determined by the flow and price of oil, one country is already emerging as a winner - and it's not even a combatant.

The UK has been included in a fresh US trade investigation that could result in new tariff pressure being applied to dozens of countries.

The US treasury secretary has told Sky News that the US Navy will be escorting oil tankers through the Strait of Hormuz.

The government has been called on by an influential committee of MPs to quash convictions obtained with data from the Post Office's Capture software, the predecessor to the faulty Horizon IT programme.

One Battle After Another and Sinners are two films set for big wins at the Oscars this weekend - but with the studio behind them potentially facing a huge takeover, industry experts say this is a time of great uncertainty in Hollywood.

British fragrance entrepreneur Jo Malone is facing legal action over the use of her own name by cosmetics giant Estee Lauder Companies.

Iran's targeting of Middle East energy has driven oil prices back above the $100 a barrel level, with market experts expressing increased alarm over the prospects for long-term damage to the industry.