Finance

Minister Rejects Fears of UK Diesel Shortage

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online The UK government has moved to reassure motorists that Britain is not facing a diesel shortage after US President Donald Trump threatened to restrict fuel exports, amid rising concerns over international supplies and rapidly increasing prices at British filling stations. Transport minister Keir Mather said the UK’s diesel supply network remained resilient because fuel was obtained from a...

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UK Diesel Reaches £2 as Inflation Surges Across Europe

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online The average price of diesel in the UK has reached £2 a litre for the first time, adding to growing pressure on households and businesses as energy costs continue to ripple through the European economy. At the same time, eurozone inflation has accelerated sharply to 3.8%, its highest level in three years, highlighting the wider economic consequences of...

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Feeld Founders Receive Record Dividend as Sales Rise

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online Feeld, the UK-based dating platform built around non-traditional relationships and people seeking alternatives to conventional dating, has reported a significant rise in revenue, with its founders receiving their largest dividend since the company was established. The company recorded revenues of £64 million in its latest financial year, representing an increase of 24% compared with the previous period. Pre-tax...

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UK Assures Public Over Diesel Supply

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online The UK government has moved to reassure motorists, businesses and other diesel users that the country is not facing an immediate fuel shortage, despite growing concerns over the potential impact of a threatened US ban on diesel exports to Europe. Transport minister Keir Mather said Britain’s fuel supply system remained resilient and urged the public not to panic...

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French Debt Fears Put Euro Markets Under Pressure

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online France’s government bond market has come under renewed pressure as investors assess the country’s worsening fiscal position, political uncertainty and plans to reduce the budget deficit through spending cuts and higher taxes. The latest market turbulence has revived memories of the eurozone sovereign debt crisis of the early 2010s, although the current circumstances are different. French borrowing costs...

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BBC Three and Scotland Face Online-Only Future

Published: 02 October 2026. The English Chronicle Desk. The English Chronicle Online Staff at the BBC are facing growing uncertainty over the future of two television channels as the corporation prepares to announce another stage of a major cost-cutting programme. Internal changes to the broadcaster’s TV and streaming division have fuelled expectations that BBC Three and BBC Scotland could move to online-only services as the organisation seeks to reduce spending...

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Boots Sale Nears as Weston Family Eyes $9bn Deal

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online The private equity owner of Boots is reportedly moving closer to a potential sale of the UK pharmacy chain to the Canadian branch of the billionaire Weston family in a deal that could value the business at about $9bn, or roughly £7bn. Sycamore Partners, which acquired Walgreens Boots Alliance for $23.7bn in 2025, is understood to be in...

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UK Bookmakers Linked to Offshore Casino Deal

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Three major UK bookmakers that have repeatedly warned about the growth of unlicensed gambling websites have been linked through a shared business investment to a lucrative agreement with a large offshore casino network, according to documents disclosed in a recent gambling industry leak. The arrangement involves Sports Information Services, commonly known as SIS, a UK-based gambling content and...

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UK borrowing costs surge as global bond sell-off deepens

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Global bond markets came under renewed pressure on Thursday as investors grew increasingly concerned about inflation, government borrowing and the sustainability of public finances, pushing the yield on Britain’s 30-year government bonds above 6% for the first time in almost three decades. The sharp move in UK borrowing costs came during a turbulent session for financial markets, with...

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UK house price growth slows as mortgage rates rise

Published: 01 October 2026. The English Chronicle Desk. The English Chronicle Online Annual house price growth in the UK slowed sharply in September as higher mortgage costs and continuing economic uncertainty weighed on the housing market, with average property values rising at only half the pace recorded a month earlier. The average price of a home reached £274,251 in September, according to Nationwide, representing an annual increase of 0.8%. The...

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