Britain's energy price cap to hit three-year high in October, Cornwall Insight says

Britain's ​domestic energy ⁠price cap is forecast to rise ​about 4% in October to a three-year high, analysts at Cornwall ...

BP starts 11-day maintenance at Central Azeri platform

BP said ​on Wednesday that it had ​started ‌planned maintenance ⁠work at the ⁠Сentral Azeri platform ​in Azerbaijan, which ...

Oil hits three-week high on uncertainty over Hormuz

Oil prices hit a three-week high on Wednesday as uncertainty over shipping through the Strait of Hormuz and ongoing supply disruptions ⁠supported the market. Brent crude futures climbed 45 cents, or 0 ...

UK regulator investigates Trainline and Virgin Atlantic over pricing

Aug 19 (Reuters) - Britain's competition regulator is investigating ⁠whether Trainline, Virgin Atlantic and RED Driving ...

Smith & Nephew CFO John Rogers to step down

Medical technology firm Smith & Nephew said on Wednesday that John Rogers will step down from his role as chief financial officer on 30 September, to take up an external position in the US. The search ...

Sterling holds firm after UK inflation data offers little surprise

The British ​pound clung ⁠to gains against the dollar early ​on Wednesday after data showed UK inflation in July picked up, as expected. Sterling was ​last ‌up 0.14% at $1.3552, resuming its ascent a ...

LONDON BRIEFING: UK inflation rises; Smith & Nephew CFO quits

UK inflation accelerated as expected in July, while producer price pressures eased on lower oil costs. Smith & Nephew announced the departure of its finance chief, while Trainline responded to a ...

London pre-open: Stocks to edge lower as investors mull inflation data

London stocks were set to edge lower at the open on Wednesday as investors mulled the latest UK inflation figures. The FTSE 100 was called to open around 10 points lower. Data released earlier by the ...

UK inflation accelerates in July as housing costs push up prices

UK consumer price inflation accelerated in July as higher housing and household services costs offset weaker transport ...

Wednesday newspaper round-up: OpenAI, tariffs, Thames Water, Land Securities

The US president on Tuesday night said he would freeze the tariffs, which were due to come into force on Wednesday, for three days after the two sides struck an agreement over the Keystone XL Pipeline ...

Oxford Nanopore announces new 2030 targets as interim losses narrow

(Sharecast News) - Oxford Nanopore Technologies announced a new 2030 revenue target of more than $700m on Wednesday, as it reported a narrowing of its interim losses as revenue ticked higher, driven ...

UK's Burnham tells Times No 10 North to take economic growth role from Treasury

British ⁠Prime Minister Andy Burnham ​told the Times on Tuesday that Number 10 North, the regional government hub, ​will ‌take over responsibility for economic growth from the Treasury as ⁠part of a ...