Business & Economy

The Truth Behind Rising Energy Costs and Fossil Fuel Myths

Published: 13 March 2026. The English Chronicle Desk. The English Chronicle Online. The current atmosphere regarding the British economy is thick with the metaphorical smoke of burning lies and misinformation. As global oil and gas prices reach new heights due to international conflicts, a familiar chorus of voices has emerged. These critics of climate policy have become increasingly loud and aggressive in their assertions. Right-wing politicians and various think tanks...

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Asia Scrambles to Confront Energy Crisis Amid Iran War

Published: 12 March 2026. The English Chronicle Desk. The English Chronicle Online. The global energy market is currently facing a massive shock as a direct result of the ongoing conflict involving Iran. Donald Trump has scrambled in recent days to reassure the world that the economic impact of his war can be contained. He suggested that one of the most important waterways in global trade might reopen very soon for...

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Tesla Enters British Energy Market Following Ofgem Approval

Published: 12 March 2026. The English Chronicle Desk. The English Chronicle Online. The landscape of the British energy sector has shifted significantly following a landmark decision by the national regulator. Elon Musk’s Tesla has officially secured the necessary legal permissions to begin supplying electricity to homes and businesses across the country. This development comes after a period of intense scrutiny by Ofgem, which has now granted the firm a formal...

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Brazil Floods Warning as Scientists Urge Fossil Fuel Exit

Published: 12 March 2026. The English Chronicle Desk. The English Chronicle Online. The recent Brazil floods devastating the country’s coffee heartland have sparked urgent warnings from scientists worldwide. Experts say the destructive rains could become more severe if global reliance on fossil fuels continues. Their analysis highlights how climate risks, social inequality, and environmental pressures combine dangerously in vulnerable regions. Over the past month, the Brazil floods have caused widespread...

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John Lewis bonus returns after four years as profits rise

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...

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John Lewis bonus returns after four years as profits rise

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...

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Abramovich Chelsea Sale Cash Faces Jersey Probe

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...

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Revealed: UK AI Push Faces Phantom Investment Claims

Published: 10 March 2026. The English Chronicle Desk. The English Chronicle Online. The UK’s multibillion-pound AI drive is facing growing scrutiny over phantom investments. Since 2024, the government has highlighted large-scale deals aiming to establish datacentres, supercomputers, and thousands of jobs across the country. These announcements have been central to promises of “mainlining AI into the veins” of the economy, promoting the idea that Britain could become a global AI...

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Yorkshire Water Funding Sparks Debate Amid Fines and Pay Row

Published: 09 March 2026. The English Chronicle Desk. The English Chronicle Online. Yorkshire Water funding has been thrust into the spotlight again as fresh investment moves ahead despite mounting public outcry. The controversy comes amid heavy fines for sewage pollution and a deepening political row over executive pay at the utility provider. A leading European investor has agreed to provide fresh funding for Yorkshire Water, even as environmental watchdogs and...

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UK Office Attendance Reaches Highest Level Since Covid

Published: 09 March 2026. The English Chronicle Desk. The English Chronicle Online. Office attendance across the UK has surged, reaching its highest point since the Covid-19 pandemic, according to recent research. Workers are returning in large numbers, with data showing office occupancy levels are no longer in decline but stabilising. Experts describe the trend as a sign that employees are adjusting to hybrid and flexible working norms while companies adapt...

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