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Oil price rises back above $100 a barrel as energy market may be past ‘point of no return’
Crude rises after US strikes on Iran dampen hopes of peace deal, with experts saying talks appear stuck in ‘endless loop’
Oil rose back above $100 a barrel on Tuesday, after fresh US.. - source: The Guardian - 26.05.2026
Next boss warns over ‘dramatic fall’ in UK entry-level jobs
Peer’s comments come as Milburn report is likely to find government has failed to tackle youth unemployment
The boss of Next has sounded the alarm about a “dramatic fall” in the.. - source: The Guardian - 26.05.2026
Oil price rises towards $100 a barrel as markets cling to US-Iran peace deal hopes – business live
Rolling coverage of the latest economic and financial news
Middle East crisis live: US attacks Iran missile sites as Tehran negotiators hold talks in Qatar
Rachel Reeves tells.. - source: The Guardian - 26.05.2026
UK consumers likely to face higher prices ‘for many months to come’
Data shows even if Iran war ends, shop price inflation on rise, while only 16% of firms left unscathed by conflict
Higher prices could persist over the summer even if ceasefire talks.. - source: The Guardian - 26.05.2026
Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year
Prewar US gas prices averaged about $3 a gallon nationally – kiss that number goodbye for 2026
Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon,.. - source: The Guardian - 23.05.2026
UK borrows more than forecast in April as inflation adds to benefits bill
The £24.3bn figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bn
The UK borrowed more than expected in April as high inflation drove up.. - source: The Guardian - 22.05.2026
UK service sector activity slumps in one of sharpest declines for a decade
Firms hit by ‘perfect storm’ of uncertainty about Labour leadership and impact of Iran war
Companies in the UK’s dominant services sector have reported one of the sharpest declines in.. - source: The Guardian - 21.05.2026
Government releasing 11 documents relating to Andrew Mountbatten-Windsor’s appointment as trade envoy
The Home Office has also published asylum figures this morning. These show that the.. - source: The Guardian - 21.05.2026
Schools are ‘pipeline’ to joblessness for many people, says ex-Labour adviser
Ban social media and reform education to tackle scandal of young people not in work or study, says Peter Hyman
Schools have become a “pipeline” to worklessness for a large cohort of.. - source: The Guardian - 21.05.2026
Manchester shows biggest fall in inner-city deprivation in boost for Burnham
City made outsized contribution to falling levels of deprivation between 2010 and 2025, thinktank finds
Manchester has recorded the biggest fall in inner-city deprivation in Britain,.. - source: The Guardian - 21.05.2026
Reeves to promise free summer bus rides for children and food tariff cuts in living costs package
Chancellor launches ‘Great British summer savings scheme’ after Keir Starmer postpones fuel duty increase
Planned fuel duty rise to be scrapped, says Keir Starmer
Rachel Reeves is.. - source: The Guardian - 21.05.2026
Food inflation also slows sharply, to 3%, led by meat and chocolate, and package holidays drive inflation down further
Good morning, and welcome to our rolling coverage of business, the.. - source: The Guardian - 20.05.2026
Can Burnham turn ‘Manchesterism’ into a practical offer for government?
Roots of idea for ‘ending neoliberalism’ have been growing over many months – with many different influences
Manchesterism is “the end of neoliberalism”. That was the claim made.. - source: The Guardian - 19.05.2026
No feelgood factor for Reeves as Iran war snuffs out economic upturn
Rise in unemployment and weak pay growth underline how tough this year will be for UK households
UK unemployment unexpectedly rises to 5%
News that the UK unemployment rate jumped.. - source: The Guardian - 19.05.2026
UK wage growth slows and unemployment rate rises as companies react to Iran war – business live
Jobless rate unexpectedly rises to 5% with businesses squeezed by war in Middle East
Good morning, and welcome to our rolling coverage of business, the financial markets and the world.. - source: The Guardian - 19.05.2026
UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war
Pay growth eases to 3.4% as businesses face pressure from soaring energy costs
Unemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, according to official.. - source: The Guardian - 19.05.2026
IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty
Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecasts
The International Monetary Fund has urged Britain to “stay the course” to.. - source: The Guardian - 18.05.2026
Rising prices are Britons’ biggest money worry as inflation stays high, survey finds
Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel prices
Rising prices have become the top financial concern for UK households,.. - source: The Guardian - 18.05.2026
Andy Burnham’s change in tack on fiscal rules and bond markets is understandable
Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investors
Andy Burnham has always faced a narrow path to replace Keir Starmer as prime.. - source: The Guardian - 18.05.2026
Donald Trump’s approval rating sinks to lowest point of second term
US president’s approval rating falls to 37% days after he said Americans’ financial situation is not motivating him to broker deal with Iran
Donald Trump’s approval rating has fallen.. - source: The Guardian - 18.05.2026