(c) Sky News 2026: Oil price hovers just above pre-war levels but future is uncertain

Thursday, 18 June 2026 08:02
(c) Sky News 2026: Oil price hovers just above pre-war levels but future is uncertain
Asda losses grow to almost £1bn as it fends off Aldi
Asda slumped deeper into the red last year, according to accounts showing hits from price cuts to lure back shoppers and one-off costs.
Creditors attack revised TG Jones rescue deal terms | Mark Kleinman blog
A Bank of England rate hike is still possible despite easing inflation outlook
Announcing its latest interest rates decision the morning after a thrilling England World Cup win, the Bank of England continues to put its foot on the ball.
Unemployment rate falls but private sector wage growth suffers
There has been an unexpected dip in the UK's unemployment rate in official figures also showing new recruits in payrolled work at their lowest level for five years and private sector basic pay awards struggling.
AI's most powerful bosses deliver message to world leaders - and it's not very reassuring
The bosses of the world's leading AI companies have a clear ask for the leaders of the G7: you have to come up with a way to govern artificial intelligence.