Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden – business live

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Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden – business live - short news

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UK firms have been through a torrid decade – first the Brexit vote, then Covid-19, and then the twin energy shocks from the Ukraine and Iranian wars.

And with a new prime minister soon to take office, business leaders are hoping they will resist the temptation to pile costs on business.

“Weak confidence reduces appetite for risk, which reduces investment, which hampers growth, which knocks confidence..

source: The Guardian - 25.06.2026

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Rolling coverage of the latest economic and financial news

UK firms have been through a torrid decade – first the Brexit vote, then Covid-19, and then the twin energy shocks from the..

Tory leader said Labour MPs were cheering, even though there are ‘400 knives’ in Starmer’s back

Ben Quinn is a Guardian political correspondent.

Nigel Farage has made an..

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