Energy Prices

PwC Predicts a Turning Point for the UK

In a nuanced economic landscape, PwC's 2024 forecast offers a beacon of hope for the UK, anticipating an upturn from…

2 years ago

Inflation Eases in October, A Glimmer of Hope for Consumers Amidst Economic Uncertainties

In October, consumer prices in the U.S. rose by 3.2% compared to the previous year, signaling a noteworthy slowdown and…

2 years ago

Bank of England Holds Steady Amidst Economic Challenges

The Bank of England's recent decision to maintain historically high-interest rates reflects its commitment to navigating a challenging economic landscape.…

2 years ago

The Delicate Balancing Act of Interest Rates, Bank of England’s Dilemma Amidst Persistent Inflation

Navigating the complexities of persistent inflation, the Bank of England faces a crucial dilemma. While some economists argue for sustained…

2 years ago

Rethinking the Role of Wage Growth in the UK’s Economic Recovery

Given the evolving economic landscape, the Bank of England's current emphasis on restraining wage growth warrants reconsideration. As inflation and…

2 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

Morning Bid: Oil and jobs

World markets calmed a bit on Wednesday after a tumultuous couple of weeks - but a focus on energy prices…

3 years ago

Exclusive: Shell’s CEO van Beurden prepares to step down next year -sources

Shell (SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after…

3 years ago

Analysis: As Ukraine war drags on, Europe’s economy succumbs to crisis

A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain…

3 years ago

UK midcaps at three-week low as recession fears grow

UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears…

3 years ago