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On May 14, Jester Koh of UOB Global Economics and Markets Research said in a research report that Indias mild inflation trend means that the Reserve Bank of India is at risk of further interest rate cuts. Economic data released on Tuesday showed that the overall CPI rose modestly by 0.31% month-on-month in April, and the year-on-year increase was basically in line with market expectations. UOB lowered its overall inflation forecast for India in fiscal 2026 from 3.9% to 3.7%. The Reserve Bank of India is expected to cut interest rates by 25 basis points for the third time at its June meeting, and is expected to cut interest rates by a total of 100 basis points in the current easing cycle.JPMorgan Chase: Raised JD.coms (JD.O) target price from $46 to $48.New York silver futures fell more than 1.00% during the day and are now trading at $32.77 an ounce.May 14th news: Recently, during the Dubai Fintech Summit 2025, Chen Yishi, head of international business at Ant Financial, revealed in his speech that Ant Financials enterprise-level AI products are being exported to overseas markets to serve the digitalization and intelligent upgrade of overseas market customers. It is understood that this is also the first time that Ant Financial has demonstrated its full-stack AI product matrix in overseas markets.On May 14, it was reported that Hang Seng Bank has laid off employees in various departments since March, including the logistics support department, strategy and corporate development department, information technology department, corporate communications department, Hang Seng Index Company, etc. It is reported that the layoffs are expected to be completed by the end of June, with layoffs of about 10% to 20% in the departments involved, and about half of the employees in some departments. In response to media inquiries, a spokesperson for Hang Seng Bank said that in order to cope with the ever-changing market environment and the increasingly diversified needs of customers, the bank reviews its business portfolio and operations from time to time, and will make appropriate adjustments, including optimizing or innovating new functions, adjusting business structures, and improving employee skills, so as to better provide customers with quality services.

Fuel Price Map: Does Your Petrol Cost More?

Haiden Holmes

Apr 01, 2022 10:25

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The growing cost of fuel at the petrol station forecourt has been one of the most noticeable price rises. Even with chancellor Rishi Sunak's 5p per liter reduction in fuel tax, motorists are spending far more to fill up than they were only a few months ago.


  • Inflation reaches a 30-year high and may continue to grow further.

  • Stock markets that behaved as if the Ukraine war had never occurred.


Increased demand as a result of the epidemic has already resulted in a rise in petrol prices. Now, it is the war in Ukraine and sanctions against Russia that have pushed petrol prices to a record high, threatening the West's supply of fuel.


With this in mind, we asked colleagues at Interactive Investor to locate the cheapest and most costly petrol station forecourts in their neighborhood for the weekend of 26-27 March 2022.


We've previously conducted our own investigation into the cost-of-living problem, lately noticing a huge increase in the price of pasta and other common household products at local supermarkets. Now, we've taken the road to ascertain the prices motorists pay for unleaded and diesel at forecourts throughout the United Kingdom.


While it is a quick survey of hand-selected stations, it covers the whole length and width of the United Kingdom and reveals some enormous regional discrepancies.


Our results are shown in the interactive Gas Fuel Price Map of the United Kingdom below.


Congratulations if you reside in Cardiff. According to our study, it is the cheapest spot to get fuel, with a gallon of unleaded costing 156.7p. It's 169.9p, an 8.4 percent increase, three and a half hours up the highway in Stockport. Is it prohibitively expensive? If you go 50 miles to Leeds, you can purchase it for 156.9p.


With an average fuel tank capacity of 55 liters, filling up in Stockport costs £7.26 more than in Cardiff. If you drive a diesel vehicle, the fee is much higher - £8.25. At 169.9p, Leeds is the cheapest destination for diesel drivers. In Manchester, a liter costs 184.9p, an increase of 8.8 percent.


While diesel is much more costly than unleaded, the difference in price between the cheapest unleaded and the most expensive diesel is 28p, or 18%, a terrific price for going electric!

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