Money blog: New British Airways safety video described as 'work of art'

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Money blog: New British Airways safety video described as 'work of art'
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By Daniel Binns, business reporterBoth the FTSE 100 and 250 are up slightly this morning, boosted by gains in energy firms - and as investors express optimism that interest rate cuts are coming soon to the US and UK.Centrica, BP and SSE all increased by around 2% in early trading, with oil prices creeping upwards up amid fears of an escalation of tensions in the Middle East. The cost of a barrel of Brent Crude is currently just over $81 .

Almost 1,000 lawsuits have been filed against Abbott Laboratories, Reckitt Benckiser or both firms in US courts, according to a tally by the news agency Reuters.Illinois resident Margo Gill launched the case, alleging that Abbott Laboratories failed to warn that its Similac formula could cause a potentially deadly disease called necrotising enterocolitis in premature babies.Her child Robynn Davis developed the condition while in a neonatal intensive care unit in 2021.

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