Rolling coverage of the latest economic and financial news Elsewhere this morning, WH Smith has said it wants to raise about £100m as the conflict in the Middle East starts to affect its profit. The high street retailer says it will place up to 26 million shares, or about 20% of its existing sha...
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IRGC says it has targeted an airbase in Jordan hosting US forces, as well as Kuwait and Bahrain, in response to US strikes Trump launches strikes against Iran after downing of US army helicopter If the US genuinely wants a deal it will have to engage with Iranian demands on sanctions relief, says...
Oil prices rose after fresh US and Iranian strikes in the Gulf. President Donald Trump blamed Tehran for shooting down an American military helicopter off the coast of Oman. Rachel Ziemba, Founder of Ziemba Insights, spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the...
Government plan to de-link gas and electricity prices aims to reduce bills for consumers after global surge in prices Households in England, Scotland and Wales could save nearly £200 a year on their energy bills if the government stepped into the market to act as the sole buyer of electricity, ac...
This account of the Islamic Republic and its discontents told via six contrasting lives should be required reading It’s difficult in 2026 to talk about Iran without confronting a lot of crude certainty. The average non-Iranian gets their information in snippets, filtered by algorithms. The Iran...