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Coronavirus: Oil prices surge on hopes of a price war truce

Image copyright EPA Global oil prices have surged after Donald Trump said he expected Saudi Arabia and Russia to end a feud that has driven oil prices to 18-year lows. The US president tweeted “I expect & hope” the two countries would agree to cut supply by 10 million barrels “and maybe substantially more”. His […]

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topics:things/inflation

Cheap computer games and falling fuel prices causes inflation to slow, ONS finds 

UK inflation slowed last month on the back of falling motor fuel and computer game prices, official statisticians have revealed. The Office for National Statistics (ONS) said the rate of the Consumer Price Index (CPI) decreased to 1.7% in February. Inflation was reported at 1.8% in January, after the cost of energy and aeroplane tickets […]

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