Business

Martin, Burnham Vow to Uphold Good Friday Agreement Principles

Irish Taoiseach Micheál Martin and British Prime Minister Andy Burnham held discussions in Manchester focusing on the pivotal UK-Ireland relations and the European Union, emphasizing the enduring significance of the Good Friday Agreement. The meeting underscored the two nations' shared responsibility as co-custodians of the agreement, which approaches its 30th anniversary next year. During the talks, Martin expressed optimism for a reinforced bond between the...

UK Oil and Gas Sector Demands Early End to Windfall Tax

The North Sea oil and gas industry is pressing the UK government to terminate the windfall tax on fossil fuel companies by 2027, three years earlier than planned. Offshore Energies UK (OEUK), representing the sector, argues that such an adjustment could boost investment in the industry. The group suggests replacing the Energy Profits Levy with a targeted tax that activates only when oil and...

UK Proposes Enhanced Trade Integration with EU for Goods Market

The UK government is considering the establishment of a single market for goods with the European Union in an effort to enhance post-Brexit trade...

Iran Conflict Sparks Inflation Concerns, Driving Oil Prices Up and Bonds Unsteady

Oil prices experienced an uptick on Monday as geopolitical tensions in the Middle East stirred inflation concerns and speculation about potential interest rate hikes...