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Blair warns of Tory ‘risk’ to business
Tony Blair will today warn that David Cameron’s European policy risks throwing British business into its most anxious and unstable period since the second world war.
Iran nuclear accord excites oil majors as Tehran looks to revive exports
The nuclear agreement between Iran and world powers could lead to a burst in its oil exports and open the way for international energy groups to return to the country after a five-year absence. Tehran is desperate to revive its oil and gas industry and attract foreign investment after Anglo-Dutch group Royal Dutch Shell, Spain’s Repsol, Statoil of Norway and France’s Total pulled in 2010.
Companies and Markets
Fuel cost volatility weighs on transport groups
The price of oil may have more than halved in the past year but fuel costs remain one of the biggest concerns for the heads of transport companies. Out of 103 sector chief executives surveyed by PwC, three-quarters raised concerns about price swings for a major input cost, said Coolin Desai, head of transportation and logistics at the professional services firm.
Lotus pins its hopes in rising sales and a new model to shift up a gear
It is turning into an auspicious car year for Lotus. The Norfolk sports car maker has released its sales figures for the year to the end of March 2015, and the number is strangely appropriate – 2,015.
We’ll block pension age rise as Scots die younger, says Sturgeon
The Scottish National party would use its power in the next parliament to oppose any attempt to increase the state pension age, arguing that this disadvantaged Scots, who have a lower life expectancy than the English.
‘Deeper hole’ in NHS funds
The NHS is facing a bigger financial “black hole” than has been acknowledged, according to research. The Health Foundation found that hospital productivity fell sharply from 2012 as a series of structural reforms were implemented.
Labour attacks opening hours at GP surgeries
Patient discontent at general practice surgery hours has risen over the past three years, Labour claims today as it launches a new attack advert aimed at the Tories’ record on the health service.
Companies and Markets
Wall Street takes flight on the wings of a dove
Oil prices jumped 5 per cent yesterday as it became clear that new supplies from Iran may take a year to come on stream. Brent crude had tumbled 4 per cent on Thursday after Tehran edged closer to a deal with the United States on its nuclear programme that would lead to sanctions being lifted.
Tories search for a more positive message
The Conservatives have yet to finalise their manifesto less than a week before it is due to be launched, amid concern among some Tory MPs that the party is not putting forward a positive enough message to the elocorate.
Blair enters campaign with attack on EU referendum
David Cameron’s European policy risks triggering the “most intense period of instability” in Britain since the Second World War, jeopardising jobs, prosperity and the country’s influence in the world, Tony Blair will warn today.
Recovery to continue going into summer
Britain’s economic recovery is expected to gain momentum during the second half of the year despite problems in the manufacturing sector, the CBI has claimed.
Stock market ‘performs better with Tories’
Shares have performed nearly twice as well under Conservative governments than under Labour over the past 45 years, according to figures published today. Stock market returns have averaged 16 per cent a year under the Tories compared to just less than 9 per cent with Labour governments and just over 9 per cent under the Coalition.
It’s time to come home, PM tells Ukip voters
David Cameron has urged Conservative supporters who have defected to the UK Independence Party to “come home”, as he pleaded with them not use their vote in the election as a “protest”.
North Sea demise fears ‘overblown’
The head of Britain’s largest oil and gas engineering contractor has said that predictions that weaker oil prices will spell the demise of the North Sea are overblown.