
Business news live: Oil prices surge at highest rate in years amid Israel-Iran escalations while FTSE 100 falls
GBP - USD rate could continue to rise Investment bank UBS is foreseeing a rise of the pound to dollar rate up to £1 - $1.38 in the second half of this year. Following an almost 7 per cent increase in the past six months, it currently stands at $1.3560. …