Andy Burnham to cut tax for pubs, clubs and live music in England and make vape shops pay more – business live

INTELLIGENCE SUMMARY

Live, rolling coverage of business, economics and financial markets as government says it will review reliefs for ‘anti-social’ businesses Oil prices have jumped by 3.7% this morning as the backlash from the US war in Iran appeared to spread to the Red Sea. The price of futures for Brent crude oil, the global benchmark, rose by 3% on Thursday to reach as high as $97.45 per barrel, approaching the $100 mark for the first time since May. Continue reading...