With markets opening this week to the biggest crash in oil price since the 1991 Gulf War, motorists would have been rubbing their hands together with the prospect of paying significantly less the next time they brimmed their cars. However, so far we’ve only seen a measly cut of 2p off a litre of unleaded … Read more
Tullow Oil slashes workforce as it reveals recent oil price rout could sink it By Daily Mail City & Finance Reporter Published: 23:17 GMT, 12 March 2020 | Updated: 00:31 GMT, 13 March 2020 Tullow Oil’s future was in doubt last night it revealed that the recent oil price rout could sink it. The energy … Read more
Katie Price has disabled her Instagram account, MailOnline can reveal. The mother-of-five, 41, has made the decision to quit the photo-sharing platform after previously hinting that she needed to ‘take a break’ from the ‘horrible’ world of social media. A source close to the glamour model exclusively told MailOnline that Katie has made the decision … Read more
Oil price slump will wipe out North Sea tax revenues, says the Treasury watchdog By Daily Mail City & Finance Reporter Published: 21:59 GMT, 11 March 2020 | Updated: 22:29 GMT, 11 March 2020 The slump in the oil price could almost wipe out tax revenues from the North Sea, according to the Treasury watchdog. … Read more
Car dealer Lookers sees share price plunge 20% and delays results after finding suspected fraud in its books The number of annual new car registrations last year was its lowest for 6 years New chief executive Mark Raban was the former CFO of Marshall Motor Holdings Lookers originally sold bicycles and bicycle parts before becoming … Read more
The gold price has topped $1,700 as investors sought safe havens in response to the coronovirus crisis, which has sparked fears of a global pandemic. A health catastrophe on this scale is unprecedented in a globalised economy, and it is unclear at present when it might start to subside. On the financial front, market panics … Read more
Asda kicks off new petrol price war by slashing the cost of a litre by 2p to 114.7p amid oil standoff between Saudi Arabia and Russia that sent the FTSE 100 tumbling to its worst day since the 2008 crash Prices have tanked across the world due to oil war between Saudi and Russia Asda … Read more
Futures on the Dow Jones Industrial Average tumbled 1,000 points in early trading Sunday night amid a price war over crude oil, marking the greatest plunge in oil markets since the Gulf War in 1991. Oil prices plunged 30 percent after the start of electronic trading late Sunday, pointing to a more than 1,000-point loss … Read more
Fiat is the latest car manufacturer to bring an electric model to the market – and it comes in the shape of the retro 500. The third-generation 500 – due to be launched at the Geneva Motor Show this week before it was cancelled – will only be sold as an EV with a battery … Read more
Energy bills will fall for around 15million households with Ofgem announcing a price cap reduction of £17 a year. This means that households on standard variable tariffs will pay no more than £1,162 on their bills after the cap comes into effect in April – falling from £1,179. The bi-annual review of the cap by … Read more