Writing the summary…
Coach services could be cut due to record diesel prices, UK operators warn
Source: The Guardian
Original reporting
The Guardian: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
BBC Business
Average five-year mortgage rate hits 6% for first time in three years
The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.
CNBC
Saudi Aramco chief says replenishing global oil stockpiles could take two years
Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.
The Guardian
BT strikes deal to rescue broadband firm TalkTalk; euro slides amid France debt burden fears – business live
TalkTalk’s wholesale and consumer arms will be sold to BT in £400m deal on a debt-free basis and save 900 jobs The UK’s telecoms regulator Ofcom has welcomed the deal. Dame Melanie Dawes , Ofcom’s chief executive, said: After a prolonged period of uncertainty around TalkTalk Group’s future, we welcome the prospect of a commercial solution that protects customers and secures continuity of critical communications services. The transaction will now be subject to the appropriate clearances and we’ll be working closely with the government and the Competition and Markets Authority during that process. Existing regulatory obligations will continue to apply. We’ll keep a close eye on the transition to protect consumers and competition, and we have written to BT today to underline our expectations. TalkTalk’s 1.5 million customers will want to know what this morning’s news means for them. The sho
The Guardian2 outlets
The UK’s G20 presidency will push Andy Burnham to the centre of the global stage. What will he use it for? | Michael Jacobs
This is a chance for the PM to advance his progressive agenda and tackle urgent issues such as AI regulation and climate action Among the many crucial decisions Andy Burnham has to make over the next few weeks, one has gone almost completely unremarked: what Britain’s priorities will be when it assumes the presidency of the G20 next year. Burnham has said he wants to concentrate on domestic policy. But with the world in turmoil, chairing the group of the world’s largest economies will be one of his most important responsibilities. Michael Jacobs is professor of political economy at the University of Sheffield and a former energy and climate change adviser to Gordon Brown when he was prime minister Continue reading...
BBC Business
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
CNBC
Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
Goldman Sachs' Anthony Gutman said lower fiscal deficits are needed tackle surging bond yields.