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July 13, 2025

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Two trade deals and a rate cut in one week … are things looking up for UK plc?

Analysts say the news boosts business confidence, helps an EU trade reset and shows the UK is a good place to invest – but it’s unlikely to turbo-charge GDPYou wait three years for a trade deal and then two come along at once.As of Monday, the UK had n…

May 9, 2025
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Smoke from climate-fueled fires in US contributed to 15,000 deaths in 15 years, study finds

Exposure to small particulate matter from fires contributes to thousands of annual deaths in US, according to studyWildfires driven by the climate crisis contribute to as many as thousands of annual deaths and billions of dollars in economic costs from…

May 7, 2025
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UK business activity falls for the first time since October 2023; US trade deficit hits record; FTSE 100’s record run continues – as it happened

Rolling coverage of the latest economic and financial newsBarbie maker raises prices due to Trump tariffs as Ford warns of $1.5bn costTrump’s foreign film tariffs could ‘wipe out’ UK movie industry, ministers toldCar sales across the UK fell by over 10…

May 6, 2025
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Shell reportedly weighing up merits of making move to buy BP

Such a takeover would be one of biggest deals ever in oil and gas industryShell is talking to advisers about the potential for a takeover of the rival oil producer BP, according to reports.The oil company has been discussing the feasibility and merits …

May 4, 2025
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BP green energy chief to exit as it retreats from low-carbon investments

Oil company says Giulia Chierchia will not be replaced after pressure from investors including ElliottBusiness live – latest updatesThe architect of BP’s failed green energy agenda will leave the embattled oil company within months as it continues its…

April 29, 2025
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Miliband in blistering attack on Farage’s UK net zero ‘nonsense and lies’

The energy secretary has accused Reform UK’s leader of peddling dangerous falsehoods about renewable power• Tories and Reform use the steel crisis to knock clean energy. They’re wrong: it will secure all our futuresEd Miliband has torn into Nigel Farag…

April 19, 2025
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China to snub UK energy summit amid row over infrastructure projects

Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exportsChina is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country’s involvement i…

April 16, 2025
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Trump tariffs will mean world uses less oil this year, IEA says

Energy watchdog cuts forecast for growth in demand by a third, and says a trade war could mean it falls furtherThe world will use less crude oil than expected this year due the “substantial risks” posed by Donald Trump’s trade tariffs to the global eco…

April 15, 2025
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UK and G7 allies consider tightening ‘meaningless’ cap on Russian oil exports

Limit of $100 a barrel said to be ineffective with the price of crude having crashed in response to Trump’s trade warThe UK and its G7 allies are considering tightening the “meaningless” cap on Russian oil export prices after Donald Trump’s trade war c…

April 13, 2025
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Markets slide further amid fears of escalating trade war between China and US

European markets slip into red after China ups ante by increasing retaliatory tariffs on US goods to 125%China raises tariffs on US goods to 125%Business live – latest updatesStock markets slid further on Friday amid growing fears of an escalating trad…

April 11, 2025
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