Lloyds faces £66mn car-finance lawsuit from 30,000 consumers
‘Omnibus’ claim comes days before regulator unveils details of mis-selling redress scheme
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European jet fuel supplies under threat as Iran war halts flows
Warnings of supply crunch as imports drop and stocks dwindle
Stocks and bonds slump in tandem as Iran shock leaves investors ‘nowhere to hide’
Traditional 60-40 portfolio of global equities and fixed income on course for worst month since September 2022
Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Nestlé pushes ahead with €5bn Perrier and San Pellegrino deal
CD&R, KKR and PAI among firms through to next round in sale of 50% stake in water division