London dealer claims gang threats forced him to sell drugs
A West London man caught dealing cocaine in Wales told a court a crime gang threatened his family. Romario Buzi, 23, was given a suspended prison sentence. Read the full story.
Category : Search result: global supply glut
Trump's Venezuela Oil Move Labelled 'Imperialistic'
Yale professor Jeffrey Sonnenfeld slams US action on Venezuela's oil as 'confiscatory and imperialistic' amid a global glut. Read the full analysis of the controversial policy.
Foreseen water failure left 24,000 homes without supply
A water treatment failure that left 24,000 Kent homes without drinking water for two weeks was foreseen and preventable, the regulator has revealed. Discover the full story of the South East Water crisis.
Oil falls on Trump's Venezuela pledge to unlock reserves
Brent crude dropped to $60.33 as markets assess the impact of US intervention in Venezuela's vast oil industry. A former Chevron executive seeks $2bn for projects. Read the latest analysis.
California snowpack boosted by December storms
Heavy December storms have increased California's vital snowpack to 71% of average, offering hope for water supplies. Officials warn the season is still young. Read the latest analysis.
$400k Lobster Stolen in US Freight Fraud
A $400,000 shipment of lobster bound for Costco was stolen by criminals impersonating a legitimate carrier. The logistics firm warns this sophisticated fraud drives up costs for consumers.
Water restored after Christmas outage in Hastings
Hundreds in East Sussex faced no running water on Christmas Day after a burst main. Southern Water apologises as supply returns. Read the latest updates.
Climate crisis drives up UK Christmas food prices
Extreme weather and fragile supply chains are pushing up the cost of festive staples like cranberries and wheat, raising fears over future UK food security and stability. Discover the climate link to your Christmas shop.
Scotch whisky supply glut forces Diageo production cuts
Global Scotch sales fall for a third year, with US tariffs costing £4m a week. Diageo scales back distillery operations as industry adapts to a supply glut. Read the full analysis.
GSK agrees US drug price cuts and supply chain deal
GSK strikes a voluntary agreement with the US government to lower prescription medicine costs by up to 66% and bolster American drug supply chains. Read the full details.
Australia's Gas Reservation Policy to Lower Energy Prices
Australia mandates major LNG exporters to reserve up to a quarter of gas for domestic use from 2027, aiming to lower soaring energy prices. Read the full details of this historic policy.
Supermarkets source European turkeys for Christmas
Asda, Lidl and Morrisons are stocking imported turkeys due to UK avian flu outbreaks. Discover how this impacts your Christmas dinner and British farming.
Croydon rents rise 5% as London rental squeeze continues
New data reveals Croydon rents climbed 5% in the past year, outpacing London's average. Explore the rental market imbalance and see how your area compares with our interactive map.
Morrisons postpones net zero target by 15 years to 2050
Morrisons becomes the first UK supermarket to push back its net zero goal, now aiming for 2050. The chain says its new targets cover the entire supply chain. Read the full story.
US & EU Launch DRC Critical Minerals Project
The US and EU have launched a major critical minerals project in the Democratic Republic of Congo's Lobito Corridor, aiming to secure supply chains and boost regional development. Read the full report.
Doctor jailed for supplying ketamine to Matthew Perry
Salvador Plasencia sentenced for illegally distributing ketamine to the late Friends star in the weeks before his death. Read the full court details and family impact statements.
24,000 without water in Kent as crisis hits third day
More than 24,000 residents in a Kent town are without water for a third day, forcing school closures. Get the full list of affected schools and latest updates.
Airbus cuts delivery target due to A320 fuselage problem
Airbus has reduced its 2025 aircraft delivery forecast, citing quality issues with A320 fuselages. Discover the financial impact and supply chain challenges.
Water chaos in Tunbridge Wells after chemical mishap
Thousands in Kent face fourth day without water after South East Water adds wrong chemicals. Schools shut, elderly struggle as MP calls for CEO to resign.
Report: UK Gas Security Risk Buried in Budget
A new report reveals a critical risk to UK gas security was omitted from Budget Day documents. Experts warn of potential supply shocks. Read the full analysis.
Tunbridge Wells water outage forces school closures
Over 24,000 people in Tunbridge Wells face a third day without water, forcing multiple schools to close and causing major disruption. Get the full list of closures and latest updates.
Kent Water Crisis: Schools Shut, 23,000 Affected
Thousands in Tunbridge Wells face a third day without water after a chemical fault at Pembury Treatment Works. Schools are closed and bottled water stations are open. Find out when supplies will return.
Greens push 25% gas tax as property prices hit $889k
Australian Greens demand 25% tax on gas exports while opposing new fields. Property prices surge to $889k median, overwhelming interest rate benefits. Government urges AI content labelling.
Energy Advisers Warn Ministers of UK Gas Supply Crisis
Britain faces potential gas supply emergencies this winter as energy experts issue urgent warnings to government ministers about storage capacity and infrastructure risks.
BP Olympic Pipeline Leak Source Discovered in Washington
Investigators identify source of fuel leak in BP's Olympic Pipeline after two weeks, causing emergency declarations in Washington and Oregon. Discover the impact on regional fuel supplies.
New Policy Centre to Future-Proof UK Manufacturing
A new independent Policy Centre has launched to give 325,000+ UK manufacturing and engineering SMEs a unified voice in government, aiming to future-proof this vital sector.
Unimetals liquidation puts 650 UK jobs at risk
Unimetals Group, a major UK metals recycler, is on the brink of collapse, threatening 650 jobs just weeks before Christmas. Read the full story on the crisis.
Bird Flu Crisis Threatens UK Christmas Turkey Supply
UK poultry producers face a severe bird flu season, leading to tight supplies of Christmas turkeys, chickens, and ducks. Discover the impact on festive availability and prices.
Global Fund faces $6.7bn shortfall threatening disease control
The Global Fund to Fight Aids, TB and Malaria faces a critical $6.7bn funding gap as key donors reduce pledges. This threatens decades of progress against deadly diseases. Urgent action needed.
Drug dealer jailed after fist-bump arrest in Crawley
Jamie Gabriel, 28, has been sentenced to over five years in prison for supplying cocaine and cannabis in Crawley. The dealer was caught after officers witnessed him fist-bumping customers. Read the full story.
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