BP quits Alaska after 60 years in £4.5bn deal as it moves away from oil and gas drilling

BP quits Alaska after 60 years in £4.5bn deal as it moves away from oil and gas drilling BP is disposing of its interests in several oil fields and the Trans-Alaska pipeline to local firm Hilcorp The deal marks a major change for BP, which began working in Alaska in 1959 It also throws the jobs … Read more

Vernon Building Society launches offset retirement interest-only deal

Retired homeowners looking to convert their home equity into cash have in the past had limited options. Traditionally, the route to do this was through equity release, usually through a lifetime mortgage – but these are often expensive, and can eat into a borrower’s remaining home equity, limiting what they leave behind in inheritance.  But … Read more

Ricky Gervais ‘boosts his companies’ earnings by £2 million after huge Netflix deal for After Life’

Ricky Gervais ‘boosts his companies’ earnings by £2 MILLION after huge Netflix deal for his acclaimed series After Life’ By Jack Newman For Mailonline Published: 01:42 BST, 18 April 2020 | Updated: 03:28 BST, 18 April 2020 Ricky Gervais reportedly increased his companies’ earnings last year by £2 million thanks to the success of his … Read more

Benjamin Netanyahu and Benny Gantz fail to reach power-sharing deal in Israel

Israel’s Prime Minister Benjamin Netanyahu and parliament speaker Benny Gantz missed a deadline to form a unity government on Thursday, prolonging the country’s unprecedented political crisis. The right-wing premier Netanyahu and centrist Gantz, Israel’s former army chief, have gone head-to-head in three elections over the past year, resulting in a stalemate. A Netanyahu-Gantz deal would have given … Read more

Israel’s Netanyahu, Gantz say near unity deal to end…

Israeli President gives political rivals Benjamin Netanyahu and Benny Gantz 48 hours to form an emergency coalition government in latest twist after stalemate elections Benjamin Netanyahu and rival Benny Gantz were nearing a deal on Tuesday Gantz’s 28-day mandate to form a ruling coalition was due to expire at midnight President Reuven Rivlin, overseeing coalition … Read more

Oil price higher amid scepticism over deal between Opec and Russia

Oil price higher amid scepticism over production deal between Opec and Russia By Daily Mail City & Finance Reporter Published: 21:51 BST, 13 April 2020 | Updated: 21:51 BST, 13 April 2020 The oil price rose just 0.46 per cent yesterday after Opec and Russia agreed the largest-ever production cuts. Supply has been slashed by … Read more

Oil prices rise 4.2% but markets slip 2% after historic petroleum deal

Oil prices rise 4.2% but markets slip 2.3% after historic deal to cut 10 million barrels to end Moscow-Saudi Arabia price war amid coronavirus slump in demand Saudi Arabia, Russia and others agreed to cut oil production from next month  The Brent crude benchmark was up by 4.2% but Tokyo’s Nikkei index was down Fuel … Read more

Trump congratulates Vladimir Putin and Mohammad Bin Salman for reaching a deal to stop oil war

Donald Trump congratulates Vladimir Putin and Mohammad Bin Salman for reaching a deal to stop oil war, claiming the move will save ‘hundreds of thousands of energy jobs in U.S.’ President Trump thanked Russian President Putin and Saudi Arabian King Salman for reaching a deal to cut the production of oil The two leaders made … Read more

Lord King says UK well-prepared to deal with economic impact of coronavirus pandemic

Former Bank of England boss Lord King says UK well-prepared to deal with economic impact of coronavirus pandemic after 10 years of austerity By Daily Mail City & Finance Reporter Published: 21:55 BST, 12 April 2020 | Updated: 21:55 BST, 12 April 2020 The UK is well-prepared to deal with the economic impact of the … Read more

Act now if your home loan deal ends in three months as getting a new deal will take longer

Act now if your home loan deal ends in three months as getting a new deal will take longer amid coronavirus crisis Up to 44% of borrowers could be missing out on big savings by failing to switch They are likely to be on their provider’s standard variable rate But it will take longer to … Read more