The National Institute of Economic and Social Research warns that persistent energy price spikes from Middle East conflict could force the Bank of England to raise interest rates above 4%, impacting inflation and GDP.
President Trump's new 15% across-the-board tariffs are generating widespread economic anxiety, threatening consumer finances, corporate investment, and international relations, according to experts and polling data.
Allan Leighton, Asda's chair, warns that Labour is not doing enough to support UK businesses and has become difficult to engage with, citing rising costs and negative impacts from government decisions.
A think-tank reveals that only low-income households on benefits will see living standards rise under Labour, while middle and higher earners face years of decline, with child poverty set to increase.
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Oil prices surge for a third consecutive day amid Iran conflict, triggering panic buying across Europe. Spain, Germany, and the UK report fuel shortages and long queues as traders brace for prolonged energy price elevation.
The Resolution Foundation and Institute for Fiscal Studies warn of bleak economic growth and borrowing challenges, with GDP forecasts downgraded and defence spending pressures mounting.
The Department for Work and Pensions confirms a 4.8% state pension increase from April, adding £575 annually for millions under the triple lock mechanism.
The UK services sector maintained steady growth in February with a PMI reading of 53.9, but businesses cut jobs for the 17th consecutive month. Experts warn escalating Middle East conflict could dampen sentiment and impact inflation in March.
The DWP confirms the State Pension age will rise from 66 to 67 starting April 2026, impacting specific birth years. A 4.8% payment increase is also announced alongside an independent review of future age thresholds.
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Stoke-on-Trent billionaire John Caudwell shares his journey from car dealership to selling Phones 4U for £1.5bn, revealing his work ethic, sales tactics, and philanthropic vision.
The Office for Budget Responsibility warns the UK's historically high tax burden is entering 'uncharted territory' and poses a clear risk to economic growth forecasts.
Early data from the 2026 tax filing season shows average refunds at $3,804, a significant increase from last year, driven by recent tax law changes and electronic payment shifts.
The Resolution Foundation warns that while UK living standards are set to rise this year, Middle East conflict could spike energy prices, threatening gains for low-income households.
The Resolution Foundation warns that a fresh energy price shock from the Middle East crisis could wipe out projected living standards gains for UK families, despite a forecasted one-off increase this year.
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The Chancellor's Spring Statement faces criticism for being outdated as economic conditions rapidly evolve, raising concerns over its relevance and impact on policy.
A prolonged energy crisis triggered by the widening war in the Middle East could provide an economic windfall for Russia's war machine, as disruptions push buyers toward Russian energy.
A potential US-Israeli attack on Iran risks triggering stagflation, soaring energy costs, and stock market turmoil that would impact households worldwide, with political consequences for Trump's administration.
China's official manufacturing PMI fell to 49 in February, marking a second month of contraction, though private sector data shows expansion and lower US tariffs may provide a boost.
HM Revenue and Customs warns citizens to safeguard their National Insurance numbers against identity theft and fraud, detailing when to share it and how to access it securely via the HMRC app.
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Treasurer Jim Chalmers dismisses calls to reduce fuel excise as Westpac modelling warns petrol could hit $3 per litre due to Middle East tensions disrupting oil supplies.
A fiscal analysis using the Penn Wharton Budget Model projects the US conflict with Iran could inflict economic losses ranging from $50 billion to $210 billion, disrupting trade and energy markets.
Aisha 'Pinky' Cole, founder of vegan chain Slutty Vegan and Real Housewives star, files for personal Chapter 11 bankruptcy with over $1 million in SBA loans and tax debt, despite reporting substantial assets.
Fresh modelling from Westpac warns that escalating conflict in the Middle East could see Australian petrol prices surge towards $3 a litre, with oil price spikes potentially adding to inflation and complicating interest rate decisions.
Chancellor Rachel Reeves outlines her economic plan to cut living costs, reduce debt, and grow the economy, emphasizing its importance in an increasingly uncertain world.
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Business owners react to Rachel Reeves' low-key spring forecast, citing rising costs, lack of clarity on defence investment, and disappointment over minimal policy announcements.
Chancellor Rachel Reeves promised improved household finances, but the Iran crisis and rising energy prices could derail economic forecasts, impacting mortgages, bills, and jobs.
Chancellor Rachel Reeves pledges to shield families from economic shocks in Spring Statement, but escalating Iran conflict risks upending forecasts and driving up energy costs.
Chancellor Rachel Reeves delivered a brief spring statement, avoiding mention of falling UK growth and rising unemployment while downplaying Middle East conflicts.
Chancellor Rachel Reeves promises £1,000 better off by the next election, but households can save over £3,000 immediately with these five practical money-saving tips.
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The Office for Budget Responsibility warns escalating Middle East tensions create 'particularly uncertain' inflation outlook, while revising growth and unemployment forecasts downward for 2026.
