Oil prices have already shot up thanks to the US-Israeli war in Iran. But what is the economic fallout likely to be? Will interest rates rise? What about inflation? Could the cost of borrowing increase – and by how much?...
Read MoreMarkets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflictIran war drives oil prices above $100 a barrelBusiness live – latest updatesUK interest rates are not expected...
Read MoreRising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktankBusiness live – latest updatesThe Middle East crisis could trigger an energy price shock that...
Read MoreThe chancellor promised more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worryRachel Reeves used her spring statement to insist her economic policies are working and things are looking...
Read MoreOBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertaintyUnemployment in the UK is set to peak this year at a higher rate than previously estimated, with a...
Read MoreChancellor’s statement comes amid backdrop of economic and geopolitical turmoil, including gas prices at three-year highRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price...
Read MoreChancellor says she is in close touch with Bank of England governor and is meeting energy companies amid soaring oil and gas pricesBusiness live – latest updatesRachel Reeves insisted Labour has “the right economic...
Read MoreChancellor’s statement comes amid backdrop of economic and geopolitical turmoil, including gas prices at three-year highRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price...
Read MoreChancellor’s statement comes amid backdrop of economic turmoil, including gas prices at three-year highRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price inflation has risen,...
Read MoreRolling coverage of the latest economic and financial news, including the UK’s spring forecastRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price inflation has risen, showing...
Read MoreRolling coverage of the latest economic and financial news, including the UK’s spring forecastRachel Reeves’s plans could be hit by Middle East conflict, say economistsUK grocery price inflation has risen, showing...
Read MoreRolling coverage of the latest economic and financial news, including the UK’s spring forecastRachel Reeves’s plans could be hit by Middle East conflict, say economistsSoaring global energy prices as a result of the...
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