Starmer calls emergency meeting on UK economy as risks from war mount British prime minister Keir Starmer is set to chair an emergency meeting on the economic fallout from the war in Iran on Monday, with chancellor of the exchequer Rachel Reeves and Bank of England governor Andrew Bailey also attending, the UK government has
Iran says coastal attack will lead to full Gulf closure and mine-laying Iran’s defence council threatened to lay sea mines to block the entire Gulf if Iran’s coasts or islands are attacked, according to the Fars news agency. “Any attempt by the enemy to attack Iranian coasts or islands will naturally, and in accordance with
Our home planet is struggling with a record energy imbalance, which is warming oceans to unprecedented levels, making weather more extreme and threatening health and food supplies, the World Meteorological Organization has warned. The United Nations body confirmed 2015 to 2025 were the hottest 11 years ever measured, but a still bleaker message was that
T1 Energy Inc., an energy solutions provider building an integrated U.S. supply chain for solar and batteries following a transformative 2024 transaction, reports fourth-quarter results Monday as investors scrutinize whether the company can narrow losses while executing an ambitious manufacturing expansion. Analysts expect T1 Energy to post a loss of $0.14 per share on the
Martin Lewis is urging people to avoid using this if possible Martin Lewis (Image: ITV) Finance expert Martin Lewis has warned about a ‘demon appliance’ that is the biggest energy guzzler in the home and should be avoided at all costs. During a previous episode of his BBC Radio 5 podcast, Mr Lewis was offering
“When gas only drives your electricity price 15 percent of the time, a sudden 50 percent-plus spike in gas costs barely registers,” Rosenow said. Dave Jones, chief analyst at energy think tank Ember, insisted that Spain’s fossil-free approach could be replicated elsewhere, whether by building out the North Sea’s wind power capacity or exploiting Central
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves’ plans to stabilise the UK public finances and reboot her growth strategy have been upended as the energy crisis shakes the markets and raises the spectre of recession, investors have warned. The chancellor
Martin Lewis has shared advice to help UK households navigate potential energy bill increases, with the price cap dropping in April but possible rises from July Robert Rowlands Deputy editor, money and lifestyle, content hub and Jon King 04:45, 21 Mar 2026 Martin Lewis has issued guidance to UK households – file image(Image: ITV screengrab)
The world’s appetite for energy is growing. In 2024, global energy demand rose by 2.2 per cent year on year, according to the International Energy Agency, up from an average of 1.3 per cent in the decade to 2023. All sources of energy increased to meet the need. The electricity sector led the pack, rising
The world’s energy watchdog has advised governments to reduce road speeds and encouraged workers to carpool or, ideally, work from home to combat soaring oil prices and impending fuel shortages caused by the Middle East conflict. It has also recommended countries consider limiting car access to designated zones in large cities, by giving vehicles with