News Archive

30/3/2026

Aluminium Prices Surge After Plants Attacked In The Gulf

Aluminium prices have surged toward four-year highs, with benchmark London Metal Exchange (LME) prices jumping as much as 6% (surpassing $3,400-$3,500/t) as of March 30, 2026, following Iranian missile and drone strikes on major aluminium plants in the UAE and Bahrain.   These attacks, coupled with the effective closure of the Strait of Hormuz to shipping, have created a significant supply crisis for a region that accounts for roughly 9% of global aluminium production.  

30/3/2026

Accounting Isn't Safe Anymore - It's Splitting in Two

For decades, accounting in the UK carried a quiet promise: work hard, qualify, and you'd have a stable, well-paid career for life.  It wasn’t glamorous, but it was dependable.  

30/3/2026

Are You Paying Attention - The Government Says DONT PANIC

International Energy Agency (IEA) is recommending that consumers reduce their energy consumption.   The IEA is urging immediate demand‑restraint measures such as work from home, lower speeds, more public transport to blunt a historic oil shock.  

30/3/2026

Fuel Problems Past

It is true that fuel shortages and the anxiety surrounding them are a recurrent theme in British history.  Going "down the rabbit hole" of UK fuel crises reveals a pattern where global events, logistical failures, and public panic intersect to turn petrol into a scarce commodity.  

30/3/2026

 
RAF personnel become first ever drone 'aces' during operations in the Middle East

Crack gunners from the RAF Regiment have become ‘aces' for the first time, having blasted Iranian drones out of the sky during operations in the Middle East, protecting British interests, partners, and personnel in the region.   RAF Regiment gunners in the Middle East become 'aces' for the first time in the unit’s history.  

30/3/2026

Where the UK Economy Finds Strength Amid Global Turbulence

The UK enters the middle of the decade facing a harsher global environment than anyone anticipated even a year ago.  The conflict in the Middle East has reshaped energy markets, pushed up inflation forecasts, and forced governments across Europe to rethink their fiscal plans.  

30/3/2026

 
Could this energy crisis be worse for the global economy than COVID?

Despite reports of negotiations between the US and the Iranian regime, the Strait of Hormuz remains effectively closed to most oil tankers, with only a small number of vessels being allowed to pass.  The result is a loss of roughly 11 million barrels per day (mbd) of oil and petroleum liquids to the global market.  

30/3/2026

 
The UK Tax System Wants You Broke - Here's How to Beat It

Tax threshholds frozen until 2031.   If you earn over £100,000 you might be hammered.  

30/3/2026

 
$30 TRILLION BOND MARKET COLLAPSE - Iran War Is SHATTERING U.S. Economy

Even if you do not understand the bond market that underpins government debt in many countries including the UK and USA you will know that we all suffer if investors will not lend the government money at good rates.   This is not new but we will feel the affects increasingly as government hands are tied for spending.  

30/3/2026

 
Russia can't escape this disaster

This has been one of the worst weeks for Russia's oil industry since the full-scale invasion.   Even Reuters are now reporting serious disruption after strikes hit key Baltic export ports like Primorsk and Ust-Luga, which are absolutely critical for getting Russian oil out to sea.  

30/3/2026

Oil Prices, Geopolitics, and Fuel Costs: What's Happening Now - Oil Spikes Over $115 At 7:00am

As of 30 March 2026, global oil prices have risen sharply, with Brent crude trading roughly between $110 and $120 per barrel.  This marks a dramatic increase compared to just a few weeks ago, when prices were closer to $70-$80.  

30/3/2026

"State-Funded Voices? Inside Scotland's £4 Billion Charity Dependency Problem"

There's a claim doing the rounds in Scottish politics right now that the Scottish National Party (SNP) is "buying loyalty" from charities.   It's a powerful accusation.  

30/3/2026

Pain for landlords as buy-to-let borrowing costs soar

Buy-to-let fixed mortgage rates are soaring due to unrest in the Middle East, according to Moneyfactscompare.co.uk.  Landlords also face further financial challenges over the next few years, to meet new private rental rules.  

30/3/2026

 
Top Economist: The unthinkable is about to happen to Bitcoin

The basics explained by an expert..  

30/3/2026

Why the damage to Qatar's gas infrastructure could push costs higher for years to come

On March 19, Ras Laffan, the largest liquified natural gas (LNG) terminal in the world, supplying one-fifth of the world's super-chilled fuel, was hit by Iranian missiles and drones.  The Qatari terminal suffered substantial damage in the strikes - fires were raging across the gas-to-liquids facility within the complex, which covers 295 square kilometres - the size of a large city.  

30/3/2026

 
Why the UK spends £80 billion a year subsidising dead money - ichard Murphy

Your savings are dead money.  That's the uncomfortable truth about how money works that politicians don't want you to understand.  

30/3/2026

The Oilman's Lament (after the Mock Turtle's Song) With Apologies To Lewis Carroll

"Will you walk a little faster?" said the tanker to the well, "There's a market crash behind us, and the prices aren't so swell.   See how traders chase the futures, and the pipelines twist and groan? They are waiting on production that we're struggling to own!".  

29/3/2026

 
Another Threat - The Bab el-Mandeb Strait Threat: What It Means for Global Oil Prices

The narrow Bab el-Mandeb Strait, a crucial maritime chokepoint off the coast of Yemen, has recently become the focus of international attention as Houthi forces threaten to disrupt shipping through this vital passage.   Connecting the Red Sea to the Gulf of Aden, the strait serves as a critical artery for global trade, especially oil shipments from the Middle East to Europe, Asia, and North America.  

29/3/2026

Floating wind in northern Scotland: clarity amid a shifting landscape

Over the past five years, the north of Scotland—particularly Caithness, Sutherland and waters east of Orkney has become one of the most important testbeds in the world for floating offshore wind.  What began with the ambitious 2022 ScotWind leasing round, awarding seabed rights for nearly 25 GW of projects, has since evolved into a far more complex and fluid landscape.  

29/3/2026

Fuel Security in an Age of Global Instability: What the UK Isn't Saying - and What Rural Scotland Needs to Hear

For months now, fuel security has hovered uneasily over the national conversation.  Prices rise, global tensions escalate, and supply chains creak under the strain of geopolitical shocks.