
UK cost of living squeeze eases after record fall in diesel prices, and drop in mortgage rates – business live
- UK diesel prices fell 16.6p/litre in June—the largest monthly drop since 2000—following a 20% crude oil price collapse tied to a US-Iran peace deal
- Petrol also declined by 8p/litre, with modest further reductions expected, though fuel remains substantially above pre-conflict price levels
Rolling coverage of the latest economic and financial newsA sell-off in chip stocks has hit Asia-Pacific markets today, as investors lose some enthusiasm for the AI trade.South Korea’s SK Hynix tumbled by 14.5%, and Samsung lost 9.6%, dragging the KOSPI share index down by around 8% today –…








