Writing the summary…
Petrol prices rise by 5p over a week as Iran war sends oil higher
Source: BBC Business
Original reporting
BBC Business: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
CNBC
U.S. reportedly considers use of 'mother of all bombs' as Iran vows to fight on
The U.S. military has reportedly drawn up options for strikes on Iran that include the potential use of one of the biggest nonnuclear bombs in its arsenal.
CNBC
College was supposed to be ‘good debt.’ For many borrowers, it isn’t paying off
Rising college costs, growing student debt, changing repayment rules and a tougher job market are challenging the idea that student loans are "good debt."
The Guardian
US producer inflation soars amid gasoline surge; John Healey says UK banks are part of ‘jewel in the crown’ – business live
John Healey has spoken to UK journalists at the IMF annual meeting in Bangkok, and said banks are a part of the “jewel” in the UK’s economic crown John Healey vows to give ‘breathing space’ to consumers and businesses in first budget Today’s better-than-forecast UK growth report is good news for chancellor John Healey as he hobnobs with other finance ministers at the IMF meeting in Bangkok. But it may encourage the Bank of England to raise interest rates as soon as its next meeting in November…. “While August’s unexpected uptick all but confirms that the OBR will raise its growth forecast for this year from 1.1% to 1.4%, the Chancellor still faces a major Budget headache, as elevated borrowing costs eat into fiscal headroom and increase pressure for tax rises. “These unexpectedly upbeat figures will further embolden hawkish sentiment among policymakers by reinforcing the view that the ec
CNBC2 outlets
Amazon launches new Bee 'personal AI' devices that listen to conversations
Amazon-owned Bee has launched its first new AI devices since its acquisition, including an updated wearable and a credit-card-sized recorder that attaches to smartphones. The devices can summarize conversations, create to-do lists, and integrate with Alexa and Amazon shopping, with prices starting at $74.99.
CNBC
Wholesale prices jumped 6.3% annually in September, biggest gain since 2022
September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate by Dow Jones.
BBC Business2 outlets
Nandy 'minded to intervene' in Sky's £1.6bn takeover of ITV entertainment arm
The culture secretary says the deal could affect free expression in the media and the variety of Britain's news landscape.