Historians won’t care about Starmer’s international diplomacy April 15, 2026 When future historians explain why Keir Starmer's premiership fell apart, they'll look at domestic issues, not international diplomacy.
IMF slaps UK with biggest growth downgrade of any G7 country April 14, 2026 The UK economy has suffered the biggest growth forecast downgrade of any country in the G7 in the International Monetary Fund’s spring economic outlook report, dealing a blow to Chancellor Rachel Reeves as she struggles to overcome setbacks sparked by the Iran war. Growth this year was revised down by 0.5 percentage points as trade [...]
XCF Global, Southern Energy Renewables and DevvStream Sign Definitive Business Combination Agreement with Respect to Previously Announced Proposed Three-Party Merger to Create Next-Generation Energy Platform April 14, 2026 Creation of a next‑generation energy transition platform: The proposed transaction brings together SAF, green methanol, renewable products, environmental attribute monetization, and advanced energy infrastructure into a single, globally scalable platform. Integrated fuels, infrastructure, and environmental markets: The combined company is expected to link low‑carbon fuel production with carbon credits and related instruments, long‑term offtake commercialization, and infrastructure development. Supports customer decarbonization strategies: By combining scalable low‑carbon fuels with environmental attribute monetization, the platform helps airlines and corporate customers address regulatory and sustainability requirements with greater flexibility.
BP toasts to ‘exceptional’ oil trading after Iran volatility April 14, 2026 Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]
The government is about to find out you can’t please the people and the bond markets April 14, 2026 In the next phase of the Iran crisis, investors will demand fiscal discipline; electorates will demand intervention. In a supply-driven stagflationary environment, it may be impossible to satisfy both, says Helen Thomas A severe physical supply shock is rippling through the global economy and unlike recent crises, this is not one policymakers can easily offset. [...]
Labour will regret opening up SMEs to trade unions April 14, 2026 Forcing all companies to allow their staff to unionise will cost SMEs £600m a year, says James Price You would be forgiven for thinking that war in the Middle East, war in Europe, energy price shocks, or perhaps an AI so powerful that its own maker refuses to release it would be the primary candidates [...]
Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy April 13, 2026 British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]
“War in Iran will come at a cost,” Reeves warns UK businesses April 12, 2026 Rachel Reeves has warned the escalating conflict in Iran will feed directly into higher costs for British businesses, as pressure builds on energy prices and inflation. “I am going to be straight with people”, Reeves said, “the war in Iran will come at a cost to British families and business,” signalling that the economic fallout [...]
Ovo sues Talktalk over failed broadband customer deal April 12, 2026 Ovo Energy has launched legal action against Talktalk over a dispute stemming from a failed broadband customer transfer, adding pressure on both companies as they battle financial challenges. The claim centres on a 2022 deal in which Ovo sold a telecoms business, originally acquired through its takeover of SSE Energy Services , to Talktalk, transferring [...]
Annabel’s owner sells Mayfair empire in £1.4bn Abu Dhabi deal April 12, 2026 Richard Caring has sold a majority stake in the business behind Annabel’s, the Ivy and a string of London’s most exclusive restaurants to an Abu Dhabi-backed investor in a deal valuing the group at around £1.4bn. The buyer, Diafa, is a luxury hospitality platform linked to International Holding Company (IHC), chaired by Sheikh Tahnoon bin [...]