Business & Economy

Published: 09 March 2026. The English Chronicle Desk. The English Chronicle Online. Oil prices surged dramatically this week as the growing conflict involving Iran disrupted global energy supplies. Within hours of new attacks across the region, oil prices climbed above one hundred dollars per barrel. This marks the first time oil prices crossed that symbolic threshold since the turmoil of 2022. Financial markets worldwide reacted sharply as traders anticipated prolonged...

Published: 08 March 2026. The English Chronicle Desk. The English Chronicle Online. BrewDog, the self-styled “punk” beer company, has sold its Highland estate in Scotland for a surprisingly low price after abandoning plans to plant what it had billed as Scotland’s “biggest ever forest.” The company’s co-founder, James Watt, had promised that the Lost Forest project at Kinrara in the Cairngorms National Park would cover a “staggering area” and capture...

Published: 08 March 2026. The English Chronicle Desk. The English Chronicle Online. Caffè Nero has announced steady global growth while warning that coffee prices could rise again. The company says rising operating costs and geopolitical tensions may increase prices in cafés. Executives also confirmed that expansion plans will continue across the United Kingdom and international markets. However, industry pressures are shaping how quickly the business can grow during the coming...

Published: 06 March 2026 The English Chronicle Desk The English Chronicle Online A venue on Leeds' famous Otley Run route has applied for retrospective planning permission to change from a restaurant to a bar, it has emerged . Taylor's Sports Bar and Grill opened in March 2023 on Otley Road in Headingley, which is famous for its 2.5-mile fancy dress pub crawl involving 19 venues . The Otley Run, originally a student...

Published: 06 March 2026 The English Chronicle Desk The English Chronicle Online Ireland's domestic economy expanded by almost five per cent last year, official figures have confirmed, defying persistent fears over US trade tariffs and geopolitical instability . Modified Domestic Demand (MDD), the preferred measure for stripping out the distorting effects of multinational activity, grew by 4.9 per cent in 2025, according to the Central Statistics Office . Consumer spending rose by...

Published: March 7, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The United States has taken the unusual step of temporarily easing parts of its sanctions regime to allow India to purchase Russian crude oil as global energy markets reel from the ongoing conflict involving Iran. The move represents a significant shift in Washington’s policy toward Russian energy exports and reflects rising geopolitical and economic pressures triggered...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. Energy companies in the Channel Islands and beyond say they are closely monitoring fuel price movements as global market volatility, driven by escalating tensions in the Middle East, continues to exert pressure on wholesale costs and consumer prices. An increasing number of suppliers have signalled that any adjustments to fuel charges will be measured and subject...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The UK’s defence minister, Luke Pollard, made a high‑profile visit to the Leonardo Helicopters facility in Yeovil, Somerset, this week after the government finalised a £1 billion contract for the company to build new military helicopters — a deal hailed as a major win for British defence manufacturing and jobs. The contract awards Leonardo the...

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering comprehensive, up‑to‑date global reporting. The intensifying conflict around Iran and the US‑Israel military offensive is no distant geopolitical issue for India — it is already rippling through its economy and everyday life by pushing up fuel costs, pressuring the currency and threatening remittance flows vital to many households nationwide. Central to India’s vulnerability is its heavy reliance on imported energy....

Published: March 6, 2026The English Chronicle DeskThe English Chronicle Online — delivering trusted global reporting with clarity, balance, and depth. A massive cargo vessel carrying crucial components for offshore wind farms has docked at the Port of Leith in Edinburgh, marking another significant step in Scotland’s expanding renewable energy industry and reinforcing the port’s growing role as a strategic hub for the offshore wind sector. The vessel arrived loaded with...