Declining demand, increased oil production from key oil-producing nations, and geopolitical factors contributed to the downward trend in UK petrol prices.
The proposed measure involves a one-time adjustment of £16, spread across the period from April 2024 to March 2025.
If you were a calf and saw your entire herd stampeding off into the distance, you'd likely feel you should join in too.
On Thursday, Metro Bank issued a statement to reassure investors after the short suspension of their shares due to volatility amidst suffering a hefty 25 per cent fall.
The Forex (Foreign Exchange) market, known for its high liquidity and 24-hour trading opportunities.
Whilst high interest rates are putting pressure on Western stock exchanges, China and Russia are facing difficulties of their own.
The UK-based chip designer had previously agreed to be acquired by US chip giant Nvidia, but this plan was abandoned in February of the preceding year.
Indian companies will be in the London Stock Exchange listing now after the Indian finance minister and the UK chancellor met to discuss capital markets cooperation in the financing of infrastructural projects.
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According to the report, the global market size is set to reach a staggering US$ 8.11 billion by 2030, soaring from its 2021 evaluation.
The European stock market fell by nearly one per cent as Christine Lagarde was asked to set inflation targets that factor in energy prices and geopolitics.
Scottish Mortgage Investment Trust faces challenges due to Chinese exposure, Nasdaq volatility and unlisted stocks, trading at a significant discount to its net asset value.
The Halifax House Price Index found a -2.4 per cent annual decline, a monthly change of -0.3 per cent, in house prices, with the Director of Halifax Mortgages insisting that the equivalent of this drop in terms of cash is a thousand pounds.
PwC's electric vehicle sales review recently revealed that EV sales in the UK represent 54 per cent of the entire market share, with hybrid models being the most popular choice by drivers in the UK.
The latest data from RAC indicates a sharp increase in the average price for a litre of unleaded petrol, reaching £1.45, while diesel prices remain steady at £1.46.
The CMA studied the road fuel market in depth to realise that the competition in retail has weakened since 2019, leading to them proposing a fuel finder scheme that helps consumers compare fuel prices.
The Global Blockchain Congress is truly an international event with editions taking place in Dubai, Hanoi, Doha and London.
Esteemed guests, including influential leaders, entrepreneurs, philanthropists and artists, will gather to celebrate outstanding achievements across various sectors.
PwC highlights rapid recovery in the film industry and out-of-home advertising sector, with both projected to approach pre-pandemic revenue levels in the UK.
As Japan's stock market posts a 33-year high, optimists point to the underlying robustness of firms' earnings but pessimists are wary of potential policy change.
Against a backdrop of some high-profile departures from the British stock market, a new Taskforce brings together various stakeholders to brainstorm solutions.
Treasury Secretary Janet Yellen has warned that the US government would likely run out of cash by June 1
Kyiv said it was "grateful" to the United Nations and Turkey for their efforts in "strengthening food security".
Retail sales rose by 0.4 percent in April from a month earlier to $686.1 billion
European markets fell in the red after starting the day in the green.
Most European indices closed down as well, including the FTSE 100 in London which dipped into the red after earlier gains.
UK interest rates have been raised for the 12th time in a row in a further attempt by the Bank of England to slow the rising cost of living, increasing the Bank's base rate from 4.25 to 4.5 per cent.
Last month, major oil producers led by Saudi Arabia announced a surprise output cut of more than one million barrels per day.
Markets are looking ahead to Wednesday's release of key consumer price data
Analysts said this was at least in part due to the reopening of China after a long period of Covid-19 restrictions that hurt economic growth.