Chancellor Jeremy Hunt disclosed the UK government's intention to explore options for divesting its remaining 38.6 per cent stake in NatWest Group.

Global stock markets gave up some recent gains Tuesday following mixed results from retailers as Wall Street digested Federal Reserve minutes that suggested interest rates could stay high for a while.

The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues.

As one of the world's largest cruise providers, MSC Cruises is setting new standards in eco-friendly travel

The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.

UK inflation hit the lowest level in two years last month after consumer prices fell sharper than expected on easing energy bills, official data showed Wednesday, relieving a cost-of-living crisis and pressure on embattled Prime Minister Rishi Sunak.

In September, inflation stood at 6.7 per cent, as many people across the UK continue to struggle with the cost-of-living crisis.

With the cost of household gas and electricity remaining notably elevated, the cost of living crisis continues to plague Britons.

EU member states reached an agreement to reform its electricity market after months of sparring between France and Germany over state support for nuclear energy, the European Council said Tuesday.

US stocks ended the day higher and bourses in Europe were mixed Wednesday, while European gas prices hit six-month highs on supply constraints.

The latest sales-monitor report from the British Retail Consortium has revealed a slowdown in retail sales growth in the UK for September. Despite a fall in inflation, the high cost of living continues to place pressure on households' budgets.

The president of the upcoming COP28 climate talks told an Abu Dhabi oil conference on Monday that the fossil fuel industry would play an essential role in addressing the climate crisis.

A reported 55 heat networks across the country are being upgraded so that thousands of old and inefficient heating systems in UK homes get lower energy bills ahead of the winter.

Rishi Sunak has revealed plans for a policy change that could potentially delay significant government pledges towards achieving net-zero emissions, a move that has sparked strong criticism from both Labour and Conservative members of parliament, as well as environmental organisations.

The European Central Bank hiked a key interest rate to a record high Thursday as it battles stubbornly high inflation but indicated that its historic hiking cycle may be at an end.

British energy giant BP said Tuesday that its chief executive Bernard Looney has resigned "with immediate effect", after admitting he had not been "fully transparent" about historical relationships with colleagues.

Global markets rose on Monday at the start of a busy week that includes the release of key US inflation data and a European Central Bank decision on interest rates.

With the provision of a swathe of new oil and gas exploration licences and a crisis in offshore wind energy, clouds are gathering over the UK's net zero promises.

Stock markets extended a global rally Tuesday as the first of a series of data due out this week gave no reason for the US Federal Reserve to hike interest rates further.

Despite the cost of living crisis and rising inflation, Sainsbury's chief executive believes that supermarket prices are about to start falling.

Britain's annual inflation rate dropped sharply in July to a 15-month low, official data revealed Wednesday, off the back of lower energy prices and in line with economists' expectations.

As the government withdraws energy bill support for companies and one million small UK businesses contend with high-cost energy tariffs, FSB advocates for "blend and extend" contracts.

Stock markets rose Thursday as highly anticipated official data showed that US consumer inflation inched up in July but held at a moderate level.

New research from Mind has revealed the detrimental impact that soaring mortgage costs are having on people's mental health, as well as their finances.

Plans are being put in motion by the government to provide better consumer protection for heat network customers and reduce their energy bills.

From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.

The UK government said Monday it would issue "hundreds" of new oil and gas licences in the North Sea to secure energy reserves while still aiming for net zero carbon emissions by 2050.

Shell joined other energy majors Thursday in posting sliding profits after oil and gas prices weakened from peaks reached in the wake of Russia's invasion of Ukraine.

Stock markets had a mixed showing Thursday as European indices rallied while Wall Street slipped on concerns over interest rates.

Ukrainian children have been unlawfully bought to Russia, and forced into pro-Russia re-education camps. The UK has implemented 14 sanctions in response to Russia's attempts to destroy Ukrainian national identity.