Ex-Disney CEO Bob Chapek says he raised concerns with the board 'weekly' during Iger power battle

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BBC Business·7m ago2 outlets

UK diesel price hits all-time high, the RAC says

Fallout from Iran conflict continues to drive up bill for motorists with record average cost now at 199.18p a litre Business live – latest updates Share your experience of high diesel prices in Shetland and the Outer Hebrides The price of diesel on UK forecourts has hit an all-time high average of 199.18p a litre, as the conflict in the Middle East continues to drive the cost of fuel to record levels. The price, which previously peaked at 199.09p in June 2022 after Russia’s invasion of Ukraine, could soon top the £2 mark after Donald Trump rejected Iran’s proposal for a seven-day peace deal to reopen the critical oil and gas shipping route through the strait of Hormuz. Continue reading...

BBC Business·8m ago

Why UK diesel prices have hit an all-time high

The average price of a litre of diesel at the pump stands at 198.32p, according to the RAC motoring body.

BBC Business·12m ago

What is the Budget and what could be in it?

Chancellor John Healey will set out his plans for UK taxes in October.

CNBC·25m ago

Oil prices off highs after reports Saudi pipeline ramping back up

The Saudis shutdown the pipeline earlier this month after it sustained damage in a drone strike launched form Iraq.

BBC Business·25m ago3 outlets

UK tries to stop Trump's diesel export ban

Analysts warn an export ban could backfire, pushing up global diesel prices and potentially triggering higher U.S. gasoline prices as refiners adjust.

BBC Business·27m ago2 outlets

Best thing we can offer young people is a job, not benefits, says chancellor

John Healey's speech comes ahead of next month's Budget, as he faces pressure to bring down government borrowing costs.