The United Arab Emirates has announced it is to withdraw from Opec and the wider Opec+ alliance after nearly six decades of membership, in a move that analysts warn could herald the unravelling of the world’s most powerful oil cartel and usher in a fresh wave of price volatility for British businesses already grappling with stubborn energy costs.

The Gulf state, which joined the Organization of the Petroleum Exporting Countries in 1967, said the decision reflected its “long-term strategic and economic vision and evolving energy profile”. Abu Dhabi’s energy minister suggested that operating outside the cartel’s quota system would afford the country greater flexibility to pursue its own production ambitions, free of the collective discipline that has long shaped global crude markets.

For the UK’s small and medium-sized enterprises, the immediate consequences are far from academic. Energy-intensive sectors, from manufacturing and logistics to hospitality, have spent the past three years contending with input costs that swung wildly on the back of geopolitical shocks and Opec+ output decisions. A weakened cartel could mean cheaper oil in the short term as producers compete for market share, but it also raises the spectre of greater price swings as the disciplinary mechanism that has historically tempered volatility begins to fray.

Saul Kavonic, head of energy research at MST Financial, did not mince his words, describing the move as “the beginning of the end of Opec”. With the UAE’s departure, the cartel loses roughly 15 per cent of its production capacity and what Mr Kavonic called “one of its most compliant members”. The UAE currently pumps approximately 2.9 million barrels per day, against Saudi Arabia’s nine million.

“Saudi Arabia will struggle to keep the rest of Opec together, and will effectively have to do most of the heavy lifting regarding internal compliance and market management on its own,” he warned, adding that other members may yet follow Abu Dhabi’s lead. He went further, characterising the development as a “fundamental geopolitical reshaping of the Middle East and oil markets”.

The departure leaves Opec with eleven members. Founded in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, the cartel was created to coordinate production and stabilise revenues for member states. The current line-up also includes Algeria, Equatorial Guinea, Gabon, Libya, Nigeria and the Republic of the Congo.

For SME owners watching from Britain, the message is clear: hedging strategies, fixed-price energy contracts and supply chain stress-testing are no longer the preserve of FTSE 100 boardrooms. The post-Opec era, if it does indeed dawn, promises a more fragmented and unpredictable global energy market, and the businesses that prepare now will be best placed to weather what comes next.

Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

Subway is rolling out a new value menu featuring 15 items priced under $5 at participating locations across the United States, according to the company.

The offering includes several 6-inch sandwiches and wraps priced at $3.99, as well as a rotating “Sub of the Day” available for $4.99. Customers can add chips and a drink for an additional $2, Subway said.

Subway’s move comes as fast-food chains expand lower-priced offerings. McDonald’s recently introduced a nationwide value menu with items priced under $3 and a $4 meal option, according to previous FOX Business reporting.

THE PROTEIN BOOM: STARBUCKS, SUBWAY AND BEYOND LOAD UP MENUS

Subway will offer 15 items priced under $5. (Budrul Chukrut/SOPA Images/LightRocket via Getty Images)

THIS FAST-GROWING CHAIN SAYS ‘NO DISCOUNTS’ – AND IT’S PAYING OFF

The lower-priced options include four “Deli Faves” sandwiches – BLT, Cold Cut Combo, Spicy Pepperoni and Ham & Salami – along with “Protein Pockets,” tortilla wraps that the company said contain more than 20 grams of protein.

The $4.99 daily sub promotion features a different 6-inch sandwich each day of the week, including items such as Meatball Marinara, Classic Tuna and Sweet Onion Chicken Teriyaki, according to Subway.

The Subway sandwiches that are part of the company’s value menu with 15 entrées under $5. (Subway)

MCDONALD’S GOES ALL-IN ON AFFORDABILITY: FULL MENU REVEALED FOR NEW UNDER $3 AND $4 DEALS

The menu is being introduced at more than 18,000 restaurants nationwide, though availability and pricing may vary by location. Subway said prices may be higher in California, Washington, Alaska and Hawaii, and additional charges may apply for delivery or add-ons.

“Subway’s Fresh Value Menu proves you don’t have to choose between eating well and saving money,” said Dave Skena, the company’s North America chief marketing officer.

The new value menu is being introduced at more than 18,000 restaurants nationwide. (Subway)

Subway said the menu can be found in stores, online and through its mobile app.

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The company operates more than 35,000 restaurants globally, most of which are independently owned and operated by franchisees.

JetBlue Airways is moving forward with its flight plans at Fort Lauderdale–Hollywood International Airport, its president said, regardless of whether the airport’s No. 1 carrier, Spirit Airlines, gets a government bailout.

JetBlue, United Airlines, Frontier Airlines, Breeze Airways and others added flights last year at Fort Lauderdale, which is Spirit’s home hub, as well as at other major airports where Spirit has a large presence. Those moves came shortly after Spirit filed for Chapter 11 bankruptcy protection for the second time in less than a year.

As a possible liquidation looms, budget carrier Spirit is in talks with the Trump administration for a potential bailout that could include a $500 million loan that could also give the government an up to 90% stake, people familiar with the matter have said, requesting anonymity to talk about the deal before it’s public. The airline’s lenders are accessing a deal this week.

Spirit has cut its capacity in recent years to save on costs. In February, it still had the most market share at Fort Lauderdale with nearly 25%, down from more than 28% a year earlier, while JetBlue’s share grew to more than 20%, up from 18.5% a year earlier, according to the latest available statistics from the airport.

“We have now added significant capacity” there, JetBlue’s president, Marty St. George, said on an earnings call Tuesday. “We’ve doubled the size of our next biggest competitor.

“We did not go into this with any expectation of Spirit going away,” he added. “What we have done is we’ve taken advantage of gate availability that they’ve created with some of their pulldowns.”

He added that JetBlue was happy with its unit revenue there, even with the capacity additions. “I think what it shows is that the JetBlue value proposition resonates in South Florida,” he said.

The industry is grappling with a surge in fuel prices, but JetBlue and other carriers have so far reported that customers continue to book flights.

The Association of Value Airlines, of which JetBlue isn’t a member, on Monday said it is seeking $2.5 billion from the Trump administration to help offset the jump in fuel, airlines’ second-biggest expense after labor.

JetBlue CEO Joanna Geraghty said the airline is open to “anything and everything, assuming the terms would make sense for JetBlue,” but added the airline is focused on its JetForward strategy to return to profitability, including adding new products like domestic first-class seats.

She said that carrier is watching the situation and seeing what “shakes out with Spirit and value carriers and whether anything comes their way,” she said.

This article was written by

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For many small businesses, workforce technology is like that. When it works properly, nobody notices it. When it doesn’t, it can quickly become the centre of the working day. And if you don’t have a dedicated IT team to step in and fix issues quickly, the impact is magnified.

This is felt especially sharply with employee laptops, because so much of modern work runs through this single device: email, documents, spreadsheets, browser tools, calls, messaging and client communication. When a laptop is not up to the job, it reshapes how work feels, how smoothly people move through the day and how much energy gets wasted on things that should be effortless. Crucially, this often doesn’t show up as one dramatic failure. It shows up as constant, low-level friction that people gradually learn to work around. That is what makes it so easy to miss. Employees adapt, lower expectations, build bad habits to cope with the device and push through, so the drag on time and energy becomes ‘just how it is’.

In practice, that can mean slowdowns when switching between email, documents, spreadsheets, browser tabs and calls, video meetings that glitch, freeze or feel unreliable under pressure, battery anxiety when working away from a desk, repeatedly waiting for the laptop to catch up, restart or reconnect, cramped side-by-side working on smaller screens, and too much reliance on dongles, adapters and setup workarounds.

The cost in terms of behavioural impact includes employees switching cameras off just to keep calls running smoothly, which hampers communication and damages the client experience, keeping fewer windows open than they need, which slows tasks down, delaying restarts and important software updates, increasing exposure to vulnerabilities, and using their personal devices as a backup, sometimes handling sensitive business or customer information.

For small business leaders, there is another layer of concern: buying the wrong thing and being stuck with it for years. That might mean devices already feeling stretched after 12 to 24 months, overspending on tech people do not fully use, or risking client trust through weak privacy and security. The biggest risk is that these ways of working start to feel normal. Once that happens, friction stops looking fixable and starts getting absorbed into everyday life.

Because people often stop flagging these issues and simply work around them, it’s easy for leaders to underestimate the scale of the problem. But this is affecting millions of SMBs in the UK and many millions more around the world. HP’s 2026 SMB workflow research found that nearly 60% of SMB IT leaders say troubleshooting consumes more of their time than innovation, nearly half of SMB workers say obsolete tools make everyday tasks unnecessarily frustrating, and more than 60% of small business leaders link those inefficiencies to increased burnout and employee turnover.

If hidden friction is the problem, then simply adding more technology is not the answer. Rather, it is about how to choose the right devices that will remove the most important points of friction from the working day.

The HP EliteBook 8 G1a is a useful example of a lower-friction device because it is built around the problems small businesses actually experience. Work feels faster and less stop-start, because the laptop has the headroom for how people actually work now, moving between documents, spreadsheets, browser tabs, messaging and HD calls without quickly feeling maxed out. That is where the AMD Ryzen AI 7 Pro platform, 64GB RAM and 1TB storage make a real difference.

Long, multitasking sessions feel more comfortable, because the 16-inch, 16:10 display gives people more room to compare documents, work across spreadsheets and take notes during meetings without constant resizing and juggling. Hybrid work becomes less awkward, because built-in HDMI, USB-A and multiple USB-C and Thunderbolt 4 ports make it easier to move between meeting rooms, home offices and shared workspaces without relying on a bag full of dongles and adapters.

Security and privacy feel more built in and less disruptive, which matters especially for SMBs without a dedicated IT team. HP Wolf Security helps isolate common threats such as phishing links, malware and ransomware in the background, while Sure View narrows the viewing angle of the screen so sensitive information is harder for people nearby to see in shared or public spaces. Meetings feel more professional without extra effort, because the 5MP camera and built-in AI-powered meeting features help people look clear, stay centred in frame and sound better on calls.

As a next generation AI PC, it is a more future-ready choice, because AI will increasingly be part of the tools businesses already use. With a dedicated Neural Processing Unit (NPU) and enough memory to support more local AI-enabled workloads over time, it is designed to stay fast and efficient for longer rather than feeling like the wrong decision a year from now.

For small business leaders, the key question is: What will reduce friction for our team for long enough to justify the investment? Some useful ways to think about this, and questions to ask your team directly, include identifying where current laptops are quietly slowing people down, looking for repeated low-level problems rather than dramatic failures such as lag, poor meetings, awkward setup, battery stress and too many workarounds. It also means understanding what the busiest day actually looks like and buying for the reality of multitasking, video calls, side-by-side working and hybrid movement.

Leaders should consider whether they are buying for short-term savings or long-term value, since a cheaper device that feels stretched after a year can become worse value than a better-specced one that stays comfortable for longer. They should also ask whether security feels built in or bolted on, because the safest setup is usually the one that asks the least extra effort from already busy people.
It is also worth thinking about whether a device will stay useful as AI-enabled tools become more normal. The practical issue is not whether AI matters this minute, but whether the laptop will keep pace as those features become part of everyday software. Finally, consider whether the device fits how people actually work, as the right choice is about balance: performance headroom, screen space, connectivity, collaboration and peace of mind.

Future-ready technology should not demand more attention from a small business. It should support the business without demanding more effort to use it, by reducing everyday friction, protecting sensitive work and staying useful for long enough to offer real value. For more information, please visit HP’s site.

SYDNEY — Australians are being encouraged to visit ATMs and withdraw cash today on national Cash Out Day, an annual campaign designed to highlight the importance of physical currency and push back against the rapid shift toward a cashless society.

Organizers say the initiative aims to demonstrate public support for keeping cash as a viable payment option, especially for vulnerable communities, small businesses and those concerned about digital privacy.

Cash Out Day, now in its fourth year, is coordinated by advocacy groups including the Australian Retailers Association, small business chambers and consumer organizations worried about the declining use of banknotes. Participation is simple: withdraw any amount from an ATM or bank branch and spend it at local retailers on the same day.

The campaign comes as cash usage in Australia continues its steep decline. According to Reserve Bank of Australia data, cash accounted for less than 15% of total transactions in 2025, down from over 30% a decade earlier. Contactless card payments, mobile wallets and buy-now-pay-later services have accelerated the shift, particularly among younger consumers.

Proponents of Cash Out Day argue that completely phasing out cash would create serious problems. Elderly Australians, migrants with limited English or banking access, and people in regional areas often rely heavily on cash. Small businesses, especially market stalls, food trucks and independent retailers, also prefer cash to avoid high card fees and transaction delays.

“Cash is freedom,” said Sarah Thompson, spokesperson for the Cash Is King Alliance, one of the main groups behind today’s event. “It protects privacy, works when the internet is down, and supports local economies. We’re not against digital payments, but we want choice.”

Financial experts note that while digital payments offer convenience and speed, they come with trade-offs. Every card or phone transaction generates data that can be tracked, sold or hacked. Power outages, cyber-attacks or system failures — as seen in several recent major outages — can render digital systems unusable, leaving people without access to money.

The Australian Banking Association has acknowledged the trend but insists cash remains important. Banks have reduced branch numbers and ATM availability in recent years, prompting criticism from consumer groups. Some communities have reported “cash deserts” where it is difficult to obtain physical money.

Today’s campaign encourages participants to document their cash withdrawals on social media using the hashtag #CashOutDay2026. Organizers hope to create a visible wave of support that pressures policymakers and financial institutions to maintain cash infrastructure.

Small business owners have welcomed the initiative. Cafe owner Michael Chen in Melbourne said cash customers help him avoid merchant fees that can reach 2% per transaction. “Every little bit counts when margins are tight,” he said.

Privacy advocates have also thrown their support behind the day. Digital rights groups warn that a fully cashless society could enable greater government and corporate surveillance. Cash provides anonymity for legitimate transactions that many citizens value.

However, not everyone is enthusiastic. Some fintech leaders argue the campaign is outdated and resists inevitable progress. They point to Sweden and other nations that have successfully reduced cash usage with minimal disruption. Mobile payment adoption in Australia is among the highest in the world, with widespread acceptance even at farmers’ markets and school canteens.

The Reserve Bank of Australia has maintained a neutral stance. It continues to issue new polymer banknotes and has committed to ensuring cash remains available “for as long as Australians need it.” However, the central bank has also invested heavily in modernizing the payments system to support faster digital transfers.

Economists suggest today’s event is unlikely to reverse the long-term decline in cash usage but serves as an important reminder of its enduring role. A 2025 survey by Finder found that while 68% of Australians prefer digital payments for convenience, 81% still believe cash should remain an option.

For participants, the message is straightforward: withdraw what you can comfortably spend today. There is no minimum or maximum amount, and the goal is simply to show demand for physical currency. Many plan to use the cash for everyday purchases like groceries, fuel or coffee to directly support local businesses.

Community groups in regional Australia have been particularly active in promoting Cash Out Day. In towns where bank branches have closed, residents say maintaining cash access is essential for daily life. Some local councils have organized ATM withdrawal events and information sessions about the importance of cash.

As the day unfolds, social media is expected to fill with photos of people at ATMs and receipts from cash transactions. Organizers hope the collective action sends a clear signal to banks, retailers and policymakers that cash still matters to millions of Australians.

The campaign also highlights growing concerns about financial inclusion. Not everyone has access to smartphones, stable internet or traditional banking. For refugees, the elderly, low-income families and people experiencing homelessness, cash remains the most practical and inclusive form of money.

Critics of the cashless transition point to examples from other countries where rapid digital adoption left vulnerable populations behind. Australia’s relatively high financial literacy and strong consumer protections have softened some impacts, but gaps remain.

As Australians head to ATMs today, the event serves as both a practical action and a symbolic stand. Whether it slows the march toward cashlessness remains to be seen, but it ensures the conversation about the future of money stays alive.

Financial counselors advise participants to withdraw only what they need and to avoid carrying large amounts of cash for safety reasons. The goal is awareness and support, not disruption.

With digital payments dominating modern life, Cash Out Day offers a moment of reflection on what might be lost if cash disappears entirely. For one day, Australians are invited to vote with their wallets — quite literally — for choice and inclusion in how they pay.