The Competition and Markets Authority has announced a full-scale investigation into the rising costs Britain’s Competition and Markets Authority (CMA) announced this week that it was launching an investigation into rising prices on infant formula in an effort to contain the cost-of-living crisis.
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Prolonged disruption in the Red Sea could eventually have a major impact on energy markets Global prices for crude oil will double if disruptions triggered by Yemen’s Houthi rebels also affect the Strait of Hormuz, Daan Struyven, Goldman Sachs’ head of oil research, said on Saturday in an interview with CNBC.
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