Shell's £7.4bn Profit as Energy Prices Soar, House Prices Stall and Pensioners Hit by £8bn Tax Bill

Shell more than doubled its quarterly profit to £7.4bn ($9.8bn) as Middle East conflict sent oil and gas prices soaring — prompting renewed calls for a windfall tax to help struggling UK households.

Housing Market Grinds to a Halt

UK house prices rose a measly 0.1% in July to £277,542, with annual growth slumping to 1.8% as buyers balk at high interest rates and war-driven energy costs. Taylor Wimpey warned of...