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Middle East conflict will damage UK’s economy ‘more than any other’

Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this year

The conflict in the Middle East will damage the UK’s economy more than any other.. - source: The Guardian - 26.03.2026


Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

Get our breaking news email, free app or daily news.. - source: The Guardian - 26.03.2026


Average UK mortgage rate rises to highest since August 2024 as Iran war pushes up borrowing costs – business live

Rolling coverage of the latest economic and financial news

The money markets continue to price in at least two rises in UK interest rates by the end of the year.

The money markets.. - source: The Guardian - 26.03.2026


UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears

Consumer confidence in the UK has “collapsed” since the start of the Iran war,.. - source: The Guardian - 26.03.2026


UK inflation held at 3% before global energy price hit from Iran war

February annual rate in line with expectations, but Food and Drink Federation fears it is ‘calm before storm’

The UK inflation rate held steady at 3% in February, before Donald.. - source: The Guardian - 25.03.2026


US Postal Service to introduce 8% fuel surcharge on packages

Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and run until January 2027

The US Postal Service (USPS) plans to introduce its first-ever fuel.. - source: The Guardian - 26.03.2026


Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

To shield ordinary Indians from the war in Iran, the government in Delhi.. - source: The Guardian - 25.03.2026


‘Doge of the left’ could save UK taxpayers up to £30bn, says new green thinktank

Report by Verdant says rooting out waste, fraud and tax avoidance would save money that could help improve public services

A “Doge of the left,” could save up to £30bn a year for.. - source: The Guardian - 25.03.2026


UK inflation steady before Iran war; oil dips on Trump comments – business live

UK inflation stays at 3% in February, before Iran war drove up global energy costs

Good morning, and welcome to our rolling coverage of business, the financial markets and the world.. - source: The Guardian - 25.03.2026


Brent crude oil back over $100 a barrel as optimism over Middle East de-escalation fades – business live

Rolling coverage of the latest economic and financial news

Middle East crisis live: Iran dismisses Trump claim of talks; von der Leyen says global energy situation is.. - source: The Guardian - 24.03.2026


Stock markets rocked by Trump’s Iran ultimatum, as UK economy faces growth hit – business live

Rolling coverage of the latest economic and financial news

Middle East crisis live: Starmer calls emergency meeting on UK economy; IEA open to releasing more oil stocks

The gold price.. - source: The Guardian - 23.03.2026


HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete prices

One of HS2’s biggest contractors has warned the government.. - source: The Guardian - 23.03.2026


FCA deal gives Palantir yet more access to inner workings of power in Britain

Contract affords AI analytics firm access to trove of data on one of the most important financial centres in the world

Palantir extends reach into British state as it gets access to.. - source: The Guardian - 22.03.2026


‘The new ketchup’? How hummus spread beyond a niche into a British staple

News that chickpea dip is to join list of products used for UK inflation basket confirms its move into the mainstream

The best (and worst) supermarket hummus tasted and rated

It is a.. - source: The Guardian - 22.03.2026


‘Trumpflation’: how the Iran war’s economic storm could affect Britons

Yet another cost of living crisis looms with fuel, food, holiday, energy and home loan prices expected to rise

Middle East crisis – live updates

Here we go again. For Britons it has.. - source: The Guardian - 22.03.2026


‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts

In the days after the US and Israel first bombed Iran,.. - source: The Guardian - 22.03.2026


Trump’s economic shocks are derailing Britain’s building plans

With major developments collapsing, pressure is growing on councils to concede on affordable housing and public amenities

Donald Trump has done his best to crush the green shoots of.. - source: The Guardian - 21.03.2026


‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub

Conflict has not only hit sporting calendar but laid bare weakness in plans for diversifying economies through sport

The sight of Nasser al-Khelaifi grounded in Doha when Paris Saint.. - source: The Guardian - 21.03.2026


Lowering speed limits among contingency plans to curb UK oil demand

International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supply

Lowering speed limits to minimise fuel consumption is among potential.. - source: The Guardian - 20.03.2026


Labour dismisses Reform UK MSP candidates as ‘hopeless Tory rejects and oddballs’ as one is suspended – as it happened

This blog is now closed

Severin Carrell is the Guardian’s Scotland editor.

Malcolm Offord, Reform UK’s Scottish leader, has doubled down on his defence of the party’s vetting by.. - source: The Guardian - 20.03.2026


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