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tourists are cutting back on day trips as fuel prices bite. bookings at somerset attractions have halved, according to visit somerset, whose ceo john turner warned the impact could be "seismic" and that b&bs and hotels could "collapse into administration". the grand pier in
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a bbc investigation found three chip shops in liverpool and manchester selling catfish as "traditional fish and chips." catfish, also called pangasius or river cobbler, costs about £3.40 per kilogram wholesale. cod and haddock run about £15 per kilogram. dna testing at liverpool john moores university identified
bbc_business
china is dropping tariffs for all but one african nation starting friday. the only country excluded is eswatini, which still has diplomatic ties with taiwan. the policy now covers 53 countries and runs until april 30, 2028. the move expands a duty-free policy that already covered 33 least-developed african nations
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the war in iran is blocking shipping through the strait of hormuz, and that's stopping fertiliser from getting where it needs to go. svein tore holsether, ceo of yara — one of the biggest fertiliser producers — told the bbc this could cost up to 10 billion meals a week.
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apple reported $111bn in revenue for the first three months of the year, up 17% from a year ago. china sales grew 28%, outpacing all other regions. tim cook called iphone demand "extraordinary" on the earnings call. cook also said the new macbook neo was seeing "off
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the bank of england laid out five ways the middle east conflict could hit household finances, with rate rises, higher mortgage bills, and more expensive energy all on the table. the bank's rate-setting committee considered a scenario where oil hits $120 a barrel and inflation tops 6% early
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saudi arabia is pulling its multi-billion dollar funding of liv golf after this season, throwing the breakaway tour's future into doubt. the series is "totally up for sale" and will announce a "new strategic plan" on thursday to find replacement investors. the saudi public
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oil jumped to its highest price since 2022 on thursday, with brent crude rising almost 7% to more than $126 a barrel. the spike came after axios reported the us military will brief president trump on new plans for potential strikes on iran. us central command has prepared a plan
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big us tech stocks swung wildly wednesday as investors parsed massive ai spending across the four giants. meta, alphabet, microsoft, and amazon all reported first-quarter results on the same day. meta's shares slumped over 5% after hours after it raised its planned capital expenditure to as much as
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the bank of england is expected to hold interest rates at 3.75% on thursday, with uncertainty from the iran conflict dominating the outlook. inflation sits at 3.3%, still above the 2% target, but the monetary policy committee is expected to take a cautious approach. the decision comes at
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the fed held rates steady between 3.5% and 3.75% at what's expected to be powell's last meeting as chair. his successor kevin warsh won senate committee backing hours earlier. powell's press conference covered the iran war, trump's attacks on the
bbc_business
the uae is leaving opec, and one analyst called it "the beginning of the end of opec." the group formed in 1960 to coordinate oil production for steady revenue. it now includes 12 members plus a wider opec+ alliance with russia and others. the uae was the world&