Category : Economy


UK Economy Flatlines in January as Growth Falters

Official figures reveal zero GDP growth in January, defying forecasts of 0.2% expansion. The stagnation follows subdued growth in late 2023, with concerns mounting over inflation risks from the Iran conflict.

UK Economy Stagnates in January, Blow to Starmer

The UK economy recorded zero growth in January, new ONS data shows, as Chancellor Rachel Reeves struggles to meet Labour's key manifesto pledge amid rising oil prices from the US-Israeli war on Iran.

Trump's Iran War Victory Claim Amid Oil Price Surge

President Trump declared victory in the Iran War, but oil markets are in turmoil as Iran closes the Strait of Hormuz, attacks tankers, and sends prices soaring, with Goldman Sachs warning of inflation risks.

White House May Suspend Jones Act to Lower Fuel Prices

The Trump administration is reportedly preparing to temporarily waive the century-old Jones Act, allowing foreign ships to transport fuel between U.S. ports to combat soaring oil prices following the US-Israeli war on Iran.

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