Senior US officials are warning that the fallout from the conflict with Iran could trigger a major retreat of Gulf capital from the United States.President Donald Trump is set to convene a Cabinet meeting to address the growing tensions and their wider implications.A report in Politico cites anonymous insiders who say strikes linked to Iran have alarmed Gulf leaders. Officials from countries...

The government-backed savings institution National Savings and Investments is preparing to make large payouts after admitting mistakes that left customers without money to which they were entitled.Ministers will discuss the issue in Parliament as officials try to work out the final bill.Officials estimate the problems could affect roughly 37,000 customers. NS&I, which looks after about 24...

A fresh shock from the Middle East has sent energy markets reeling and reopened a debate Europe hoped it had settled.Months after stepping away from Russian fuels, EU capitals now face sharp price jumps and renewed political pressure as supplies tighten.After Russia’s 2022 invasion of Ukraine, the EU moved quickly to cut dependence on Moscow. Oil flows from Russia have almost disappeared for...