AA fined £5mn over hidden driving lesson fees
Move is first financial sanction meted out by UK competition watchdog under new consumer protection laws
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Defence spending won’t solve Europe’s growth problem
Plus, what does a healthy labour market look like when there is no job growth?
U.S. says Hormuz blockade ‘fully implemented,’ while signaling diplomatic off-ramp for Iran
The White House has been signaling a diplomatic solution to the conflict in the Middle East, as discussions around continuing negotiations with Tehran are underway.
Iran faces halt to oil production within weeks if US blockade succeeds
Tehran has a maximum of 16 days of storage before it will need to curtail its output
Oil shortages are coming, and with them some difficult questions
It may not be the early sufferers who experience the most pain if the Strait of Hormuz stays closed for a prolonged period