Business & Economy

Published: 25 March 2026. The English Chronicle Desk. The English Chronicle Online. The British economy stands at a very critical crossroads following the latest official data. Recent figures show the UK inflation rate remained steady at 3% throughout February this year. This stability arrived just before the global energy markets felt the impact of conflict. Many experts believe this plateau represents a final moment of calm for the national economy....

Published: 25 March 2026. The English Chronicle Desk. The English Chronicle Online. The Philippines energy emergency has been declared as global tensions continue disrupting fuel supplies worldwide. President Ferdinand Marcos Jr. announced urgent measures after warning that the ongoing Middle East conflict threatens national stability. Officials say the Philippines energy emergency reflects growing fears over dwindling reserves and volatile international energy markets. The declaration came swiftly after government advisers confirmed...

Published: 23 March 2026. The English Chronicle Desk. The English Chronicle Online For the first time in two decades, staff at Australian Broadcasting Corporation are preparing to walk off the job, marking a significant escalation in tensions between employees and management at one of the country’s most prominent media institutions. The planned 24-hour strike, set to begin on Wednesday, is expected to disrupt television and radio programming across Australia, highlighting...

Published: 23 March 2026. The English Chronicle Desk. The English Chronicle Online After two weeks of disruption, uncertainty, and intensive recovery efforts, one of the United Kingdom’s busiest transport hubs is preparing to return to full operation. Glasgow Central Station will fully reopen all its platforms on Wednesday, marking a significant milestone in the aftermath of a devastating fire that shook the heart of the city earlier this month. The...

Published: 23 March 2026. The English Chronicle Desk. The English Chronicle Online Global financial markets were sent on a dramatic rollercoaster ride after Donald Trump signalled potential diplomatic progress in the escalating Middle East conflict, triggering a sharp fall in oil prices and a rebound in stock markets across Europe and the United States. His remarks, suggesting that discussions had taken place between Washington and Tehran over ending hostilities, injected...

Published: 23 March 2026. The English Chronicle Desk. The English Chronicle Online Across the United Kingdom, a quiet but significant shift is unfolding in the everyday lives of middle-income families. Once able to enjoy regular outings, restaurant meals, and small leisure activities without much hesitation, many are now pausing, recalculating, and often deciding against such expenses altogether. What was once considered a normal part of family life is increasingly being...

Published: 22 March 2026. The English Chronicle Desk. The English Chronicle Online. The British government now faces urgent calls to implement a strict profit cap on major energy and fuel corporations. This significant recommendation comes directly from the prime minister’s most trusted cost of living adviser this weekend. Richard Walker serves as the executive chairman of Iceland supermarkets and sits as a Labour peer. He believes that ministers must act...

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. The Charity Commission has taken control of William Blake House, a Northamptonshire care home for adults with learning disabilities, amid serious financial concerns. Families of residents raised alarms over mismanagement, including £1 million in payments to a trustee and £1.6 million in unpaid taxes. The home faces potential insolvency in three weeks if the issues are not addressed....

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. Oil and gas prices spiked sharply after escalating attacks by Israel and Iran on gasfields raised concerns about prolonged global supply disruptions. Brent crude rose eight percent to $116 per barrel amid ongoing geopolitical tensions. Since the start of US and Israeli military actions on 28 February, crude oil prices have surged nearly sixty percent. European gas prices...

Published: 19 March 2026. The English Chronicle Desk. The English Chronicle Online. The United Kingdom is set to double tariffs on Chinese and foreign steel to protect domestic production. This measure aims to prevent the collapse of remaining UK steel plants amid global competition. Business Secretary Peter Kyle announced that half of all steel used in the UK will now be domestically produced. Additionally, fifty percent of this production will...