Business & Economy

Published: March 12, 2026 The English Chronicle Desk. The English Chronicle Online The Labour Party has announced plans to stage a major nuclear power investment summit just days after the Holyrood election, signalling a renewed focus on energy strategy and long-term infrastructure projects. Party officials said the summit will bring together industry leaders, policymakers, and financial experts to discuss opportunities for expanding nuclear energy in the UK, addressing both climate...

Published: 12 March 2026. The English Chronicle Desk. The English Chronicle Online. The return of the John Lewis bonus has lifted spirits across the retailer’s workforce after several difficult years. Employees at the well-known British retail partnership will receive a small but symbolic reward this year. The John Lewis bonus marks the first annual staff payout since the economic shock of the pandemic disrupted the company’s finances. The staff-owned retail...

Published: March 12, 2026 The English Chronicle Desk. The English Chronicle Online Britain’s traditional fish and chip shops are facing an uncertain future unless consumers become willing to eat cheaper types of fish, industry figures have warned. Rising costs, changing supply chains and environmental pressures are forcing many independent “chippies” to rethink the long-standing reliance on premium fish such as cod and haddock. Fish and chip shops have long been...

Published: 11 March 2026. The English Chronicle Desk. The English Chronicle Online. Jersey authorities may be investigating whether Roman Abramovich’s Chelsea sale cash constitutes proceeds of crime. Documents filed at Companies House on Wednesday suggest the probe could complicate disputes with the UK government over how the money is ultimately used. Accounts for Fordstam Ltd, the company through which the billionaire Russian oligarch owned Chelsea, reveal that proceeds from the...

Published: March 11, 2026The English Chronicle Desk. The English Chronicle Online A long‑standing British courier business has gone into liquidation after 14 years of operation, causing local disruption to some parcel deliveries and sparking confusion that led customers to speculate about wider problems within the UK postal and courier sector. Pedal and Post, an Oxford‑based sustainable delivery firm known for its cargo bike‑based service, formally entered liquidation earlier this year...

Published: March 11, 2026 The English Chronicle Desk. The English Chronicle Online The chief executive of one of the world’s largest shipping companies has told the BBC that the economic fallout from the ongoing war involving Iran will ultimately be passed on to everyday consumers through higher prices for goods and services. Vincent Clerc, head of Danish shipping giant Maersk, said sharply rising operational costs driven by the conflict are...

Published: March 11, 2026 The English Chronicle Desk. The English Chronicle Online Sarah Ferguson, the Duchess of York, has reportedly lost another £1.5 million, highlighting ongoing financial difficulties that have drawn media attention and public scrutiny. The latest setback underscores the challenges the former royal faces in managing personal finances despite her high-profile career and public engagements. Ferguson, 63, has previously experienced a series of financial difficulties stemming from unsuccessful...

Published: March 11, 2026 The English Chronicle Desk. The English Chronicle Online As fighting intensifies across the Middle East following a widening war involving Iran, Russia appears to be positioning itself to extract diplomatic, economic and geopolitical advantages from the crisis. While Moscow has publicly condemned attacks on Iran and expressed solidarity with its long-time regional partner, analysts say the Kremlin is simultaneously navigating the conflict in ways that could...

Published: March 11, 2026 The English Chronicle Desk. The English Chronicle Online A major escalation in the growing Middle East conflict unfolded this week after the United States confirmed that its military forces destroyed sixteen Iranian naval vessels suspected of laying mines in the strategically critical Strait of Hormuz. The operation came amid a wider wave of military activity across the region, as Iran launched retaliatory strikes and tensions spread...

Published: March 10, 2026The English Chronicle DeskThe English Chronicle Online Iran’s leadership has formally rejected calls for a ceasefire in the ongoing war with the United States and Israel, escalating tensions with a stark warning directed at President Donald Trump and signalling that the conflict could continue without diplomatic resolution. The stance marks a clear hardening of Tehran’s position amid a widening regional crisis. In statements issued by senior Iranian...