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BP Annual Results: Profits Boosted by Iran War Oil Spike Despite Climate Pledge Tensions
Business
BP Annual Results: Profits Boosted by Iran War Oil Spike Despite Climate Pledge Tensions
The oil major reported substantially higher returns in the conflict period but faces growing investor pressure over the
Claire Osborn · 11 May 2026
Bellway Shares Slump 18% as Iran War Tears Up Housing Market Outlook
Finance
Bellway Shares Slump 18% as Iran War Tears Up Housing Market Outlook
The housebuilder's profit warning cited the collapse in mortgage market confidence as oil-driven inflation reversed rate
James Whitfield · 11 May 2026
Bank of England Holds Rates at 4.5% as Iran War Reverses Cut Timeline
Finance
Bank of England Holds Rates at 4.5% as Iran War Reverses Cut Timeline
The Monetary Policy Committee paused its easing cycle after the oil shock pushed inflation back above comfortable levels
Oliver Fenton · 11 May 2026
Arctic Ice Reaches Record Low Extent as Climate Scientists Issue Stark Warning
Environment
Arctic Ice Reaches Record Low Extent as Climate Scientists Issue Stark Warning
Sea ice in the Arctic Ocean reached its smallest February extent on record, accelerating concerns about feedback loops t
Rachel Gibbs · 11 May 2026
200,000 Patients Now on GLP-1 Weight Loss Drugs as NHS Rolls Out Obesity Treatment
Health
200,000 Patients Now on GLP-1 Weight Loss Drugs as NHS Rolls Out Obesity Treatment
The expansion of GLP-1 prescribing has put extraordinary demand on the system, with 400,000 patients on waiting lists fo
Matthew Prescott · 11 May 2026
13 Million Britons Living in Relative Poverty — Half a Million More Than Previous Year
Finance
13 Million Britons Living in Relative Poverty — Half a Million More Than Previous Year
New ONS data shows the number of people below the poverty line increased despite the expansion of support measures intro
Natalie Drummond · 11 May 2026
Apple Rolls Out Age Checks for UK iPhone Users Under Online Safety Act
Technology
Apple Rolls Out Age Checks for UK iPhone Users Under Online Safety Act
iOS 26.4 introduces mandatory age verification for new device setup, making the UK one of the first countries where Appl
Oliver Fenton · 11 May 2026
Analysis: What Does the Iran Ceasefire Mean for Global Oil Markets?
Analysis
Analysis: What Does the Iran Ceasefire Mean for Global Oil Markets?
The announcement of a ceasefire between the US and Iran paused the worst of the energy crisis, but fundamental supply qu
Claire Osborn · 11 May 2026