19 h. ago Oil and gold prices soar and stock markets fall after Israel’s attacks on Iran

Brent crude hits highest level since April while airline shares slide amid escalation of conflict in Middle EastThe price of oil and gold has soared and stock markets have fallen after Israel’s strikes against targets in Iran.The escalation of the conflict in the Middle East, the focal point of global oil production, prompted a sharp increase in wholesale prices. Brent crude surged by more than 7% after news of the attacks broke, briefly moving above $75 (£55) a barrel to its highest level since April. Continue reading...

Politics

26 h. ago Business news live: Oil prices surge at highest rate in years amid Israel

Stock market reaction and business news for Friday

Politics

26 h. ago Oil surges after Israel’s attack on Iran, risking ‘stagflationary shock’ – business live

Rolling coverage of the latest economic and financial newsIsrael launches strikes on ‘dozens’ of targets in Iran, targeting nuclear programmeBudget airline Wizz, whose shares are down almost 5% today, says it has suspended flights to Tel Aviv and re-routed flights affected by closed airspace in the region for the next 72 hours.The jump in the oil price today, following Israel’s attack on Iran, is a “bad shock for the global economy at a bad time”.For the average consumer, they will be looking at more income uncertainty. They will be looking at higher petrol prices, and in the UK, they’re probably looking now at higher risk of taxation in October.So whatever way you look at it, it’s negative short term, it’s negative longer term. Continue reading...

Events

28 h. ago Business news live: Oil prices surge after Israel attacks Iran, FTSE 100 falls after all time high

Stock market reaction and business news for Friday

Politics

28 h. ago Business news live: Oil prices surge after Israel attacks Iran, FTSE 100 drops after all time high

Stock market reaction and business news for Friday

Politics

28 h. ago Oil surges after Israel’s attack on Iran, as markets slide – business live

Rolling coverage of the latest economic and financial newsIsrael launches strikes on ‘dozens’ of targets in Iran, targeting nuclear programmeEuropean stock markets have joined the global selloff, as the overnight escalation in the Middle East has triggered a wave of risk-off sentiment.Here’s now the main indices have fallen:Germany’s DAX: -1.35%France’s CAC: -1.2%Italy’s FTSE MIB: -1.45%Spain’s IBEX: -1.55%This alarming escalation in the Middle East has likely caught many investors off guard. Those who have been looking for an opportunity to sell stocks and take profits are now becoming active. It seems the DAX has seen its yearly high from just over a week ago for the time being.Oil prices are skyrocketing as fears grow not only regarding the disruption of Iran’s recent strengthened oil exports but also the potential targeting of other oil production facilities in the region, should this conflict escalate further. Additionally, the transportation of oil through the Strait of Hormuz...

Politics

39 h. ago French swoop spells end of the road for electric vehicle charger firm Pod Point's London listing

EDF will pay 6.5p per share. That values Pod Point at £10.6m and sets the scene for Pod Point to join the exodus from the London stock market.

Politics

47 h. ago Business news live: Boeing shares sink after India crash and Poundland sold for £1

Stock market reaction and business news for Thursday

Economics

51 h. ago Business news live: FTSE 100 flat and Poundland faces restructure after being sold

Market reaction and business news for Thursday

Politics

52 h. ago Business news live: FTSE 100 flat as UK economy stalls after Asia stocks down overnight

Market reaction and business news ahead of the government’s spending review

Economics

68 h. ago Business news live: FTSE 100 closes below new high, Meta set for $15bn AI deal

Market reaction and business news ahead of the government’s spending review

Economics

68 h. ago Business news live: FTSE 100 rises towards new record high, Meta set for $15bn AI deal

Market reaction and business news ahead of the government’s spending review

Economics

69 h. ago Business news live: FTSE 100 rises towards new record high, Google staff cuts latest

Market reaction and business news ahead of the government’s spending review

Events

2 d. ago Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

2 d. ago Trump declares deal with China is ‘done’; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

2 d. ago Trump declares deal with China is ‘done’, with agreement on rare earths and magnets – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

3 d. ago Tesla shares rise as Musk ‘regrets’ posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

3 d. ago Business news live: FTSE 100 rises and Tesla poised to gain $25bn

Market reaction and business news ahead of the government’s spending review

Economics

3 d. ago Elon Musk says he ‘regrets’ some of his posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

3 d. ago What is Pisces? What you need to know about new UK stock market for buying shares in private companies

The Financial Conduct Authority has confirmed rules around trading, which should start this year

Economics