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Oil prices fall as US and Iran pause fighting; AstraZeneca tops profit forecast on cancer drug sales

Oil prices declined after the US and Iran agreed to a temporary ceasefire, easing supply concerns. Meanwhile, AstraZeneca reported better-than-expected profits, driven by strong sales of its cancer treatments. The developments signal shifting dynamics in energy markets and pharmaceutical sector performance.

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Sewing boom prompts Liberty to expand fabrics section and offer craft classes

Liberty, the iconic London department store, is capitalizing on a resurgence in home sewing and crafting by expanding its fabrics section and introducing hands-on craft classes. The move reflects a growing trend of consumers seeking creative hobbies and sustainable fashion alternatives.

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Summer discounts may lower cost of family outings

Many UK attractions are introducing summer discounts to make days out more affordable for families. These promotions aim to ease financial pressure amid the ongoing cost-of-living crisis. The move could help households save money while boosting visitor numbers for tourism venues.

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Veteran-owned tea company helps former service members find purpose

A tea company founded by a military veteran is on a mission to support former service members in transitioning to civilian life. The business hires veterans and aims to provide them with a sense of purpose and community. This initiative highlights how entrepreneurship can address veteran reintegration challenges.

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Home heating oil prices surge £100 in three weeks, raising concerns for families

Home heating oil prices in the UK have jumped by £100 in just three weeks, adding significant financial pressure on households, particularly small families. The sharp increase is driven by rising global energy costs and supply chain issues. This matters because it threatens affordability of basic heating for many homes as winter approaches.

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Chipotle opens first restaurant in Mexico amid global growth push

Chipotle has opened its first restaurant in Mexico, marking a step in its international expansion strategy. The move comes as the fast-casual chain accelerates its growth outside the United States, aiming to tap into new markets. This expansion signals Chipotle's confidence in its brand appeal and could increase competition in Mexico's dining sector.

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Liberal Democrats propose mandatory air conditioning in all new UK homes

The Liberal Democrats have proposed that every new home built in the UK should include air conditioning. The party argues this is necessary to protect residents from increasingly frequent heatwaves driven by climate change. The proposal could reshape building regulations and energy use standards.

business technology

Could prediction markets replicate US success in the UK?

The UK is considering whether prediction markets, which allow betting on future events such as elections, can achieve the popularity seen in the United States. Regulatory and cultural differences may influence their adoption. The decision could reshape how Britons engage with political and financial forecasting.

business technology world

Water supply problem disrupts Gatwick Airport operations

Gatwick Airport experienced disruptions due to a water supply issue, affecting flights and passenger services. The problem stemmed from a local water main burst, leading to some delays and cancellations. This highlights the vulnerability of critical infrastructure to utility failures, impacting travel for thousands.