Page 48 - Spring Statement News Today

BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) this week revealed astonishing levels of cash flow and profit, timidly offset by non-cash write-offs...

Reported notifications of Covid in early years settings during the recent Omicron wave were far higher than originally published – and in some weeks double the number - analysis of Ofsted data shows.

The Labour leaders’s repeated calls for Boris Johnson to resign over Downing Street parties have come back to haunt him.

The average price of petrol dropped by 0.5p-a-litre to 162.75p over the course of the month, while diesel remained flat at 177p from the beginning to the end of April.

It will come as no surprise to readers when I say we are in the midst of a cost-of-living crisis. Global demand and concerns on UK energy supply arising

By Rob Hull for Thisismoney.co.uk

Major retailers, which buy fuel most frequently, also failed to pass on lower wholesale prices early in April to protect themselves from future rises, says RAC Fuel Watch.

Our chart this week gives a breakdown of what makes up the cost of petrol and diesel, which continue to soar in price despite the temporary cut in fuel duty.

<h2>Monetary Policy Summary, May 2022</h2>
<p>The MPC sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.</p>

Admiral Sir Tony Radakin said there is ‘incredible pressure’ in Russia for the campaign to deliver results.