Rolling coverage of the latest economic and financial news
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Full story: BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns
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Middle East crisis live: US attacks Iran missile sites as Tehran negotiators hold talks in Qatar
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Rachel Reeves tells ministers to ‘buy British’ in four key industries
The economic consequences of the spike in oil and gas prices since the Iran war started will be brought home to British households tomorrow.
Energy regulator Ofgem is due to set the latest price cap at 7am on Wednesday, dictating the maximum a supplier can charge for the July-September quarter.