Daily brief
UK financial markets and the pound fell sharply as oil prices surged past $100 a barrel, with traders anticipating a Bank of England interest rate hike. Finance Minister Rachel Reeves warned the conflict involving Iran is likely to put further upward pressure on inflation.
A fire has shut down Scotland's busiest train station, Glasgow Central, causing major travel disruption for at least two days.
IndiGo flights from Delhi to Manchester and London to Mumbai were forced to divert or turn back over Africa due to a technical issue, according to the airline.
Former Meta executives Sheryl Sandberg and Nick Clegg have joined the board of Norwegian AI startup Nscale, which has reached a $14.6 billion valuation.
The largest financial backer of UK water companies has announced it will no longer invest in the sector, citing its ongoing struggles.