Ryanair chief executive Michael O'Leary has issued an apology for his use of the term 'rapists' in reference to high airfares. He acknowledged the language was 'careless' and pledged to avoid such phrasing in future, following public and internal criticism.
US consumer prices saw a significant acceleration last month, reaching their highest level in nearly two years. This surge, primarily driven by escalating oil prices linked to heightened geopolitical tensions, saw inflation climb to 3.3% over 12 months.
UK average house prices saw a 0.5% dip in March, as concerns surrounding the Iran conflict led to higher mortgage rates and dampened buyer demand. This reversal follows a brief rise in February, with the average property now valued at £299,677 according to Halifax.
Prime Minister Sir Keir Starmer has cautioned that significant diplomatic effort is required to solidify the two-week ceasefire between Iran and the US, and to ensure the full reopening of the critical Strait of Hormuz. His comments came during a visit to Gulf allies, where discussions focused on upholding the agreement and stabilising global energy prices.
