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    FTSE 100 closes lower as Iran war sends price of oil rocketing

    Mr Miliband said pricing needs to be ‘fair, transparent and fully justifiable’. Energy firms have been warned not to rip off businesses as the Middle East crisis forces prices up. Regulator Ofgem and Energy Secretary Ed Miliband have written to business suppliers to demand “maximum flexibility” in contracts for small firms. Mr Miliband said pricing… More

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  • FTSE 100 closes lower as Iran war sends price of oil rocketing

    Mr Miliband said pricing needs to be ‘fair, transparent and fully justifiable’. Energy firms have been warned not to rip off businesses as the Middle East crisis forces prices up. Regulator Ofgem and Energy Secretary Ed Miliband have written to business suppliers to demand “maximum flexibility” in contracts for small firms. Mr Miliband said pricing… More