The co-ordinated release is aimed at heading off further price spikes and avoiding a ban on US diesel exports.
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UK diesel prices top £2 a litre for first time, RAC says
The rise in global oil prices has been pushing up the pump prices of petrol and diesel in the UK.
US jobs market sees sharp slowdown ahead of midterm elections
Unemployment rose slightly as American employers paused hiring with midterm elections just a month away.
US pressures Europe to release diesel reserves as Trump threatens export ban
President Donald Trump has threatened to ban diesel exports in a bid to ease prices in the US ahead of
‘It could cost me £10k but I need the money now’: Why Gen Z are opting out of pensions
A growing number of people are opting out of these schemes due to cost-of-living pressures.
OpenAI fires workers for mishandling ‘sensitive information’
The former employees were investigated for sharing data with an outside AI evaluation group.
Crypto thieves attack man in home and threaten to kill pregnant wife’s baby in ‘horrific’ robbery
The man was beaten with hammers until he transferred hundreds of thousands of pounds of cryptocurrency.
What’s gone wrong at Nike? How the world’s sportswear giant lost its mojo
Several self-inflicted mistakes have cost the biggest sportswear brand on the planet in recent years.
AI boom could trigger market shocks, Bank of England boss warns
Andrew Bailey says the central bank is watching the waves of cash being invested in artificial intelligence “very carefully”.
Vape prices to rise as new tax takes effect
Vaping is about to becoming more expensive due to a new tax on products.