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Democrats are playing with fire in trying to reclaim tax cuts from Republicans
Senator Chris Van Hollen and other Democratic lawmakers are embracing a policy that hardly benefits the middle class
Soul-searching within the Democratic party is to be expected after its.. - source: The Guardian - 11.05.2026
Oil prices climb after Trump dismisses Iran’s response to peace plan
Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’
Business live – news updates
Oil prices have climbed after Donald Trump condemned Iran’s.. - source: The Guardian - 11.05.2026
US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank
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The US.. - source: The Guardian - 11.05.2026
UK households bracing for new cost of living crisis, report finds
PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances
British households are bracing for a new cost of living.. - source: The Guardian - 11.05.2026
UK ‘to lose 163,000 jobs in 2026’ amid Iran war fallout, as oil price jumps again – business live
Rolling coverage of the latest economic and financial news
The Iran war has hit passenger numbers at the UK’s largest airport.
Heathrow has reported this morning that passenger.. - source: The Guardian - 11.05.2026
Banknotes are now so tattered that even buses refuse to accept them, as a dollarised economy and mobile phone payments push up the cost of essentials
As US troops withdrew from Somalia in.. - source: The Guardian - 11.05.2026
‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
The economic warnings are bleak, but full extent of shortages are still not felt for many European countries
The biggest energy shock in modern history, jet fuel shortages “within.. - source: The Guardian - 10.05.2026
With Trump’s low approval rating and Republicans’ ‘self-destruction’, can Democrats take the Senate?
Even with the Iran war weighing Trump’s party down, Democrats face a challenge turning the upper chamber blue
The county of Louisa in eastern Iowa is so rural that there is not a single.. - source: The Guardian - 09.05.2026
UK borrowing costs fall and pound rises after Starmer says he will stay as PM
Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival
UK government borrowing costs fell and the pound rose on Friday as Keir Starmer vowed to.. - source: The Guardian - 08.05.2026
US added 115,000 jobs in April in surprise gain amid Iran war uncertainty
Unemployment remained steady at 4.3% as the US-Israel war on Iran continues to rattle the American economy
US employers added 115,000 jobs in April and the unemployment rate remained steady.. - source: The Guardian - 08.05.2026
UK house price growth forecast halved as Iran war fallout hits housing market
Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%
Business news – live updates
UK.. - source: The Guardian - 08.05.2026
Oil back over $100 as US-Iran ceasefire comes under pressure; UK house prices drop – business live
Rolling coverage of the latest economic and financial news
Across the UK, house prices are rising faster in the north of the country, and falling parts of the South.
Halifax.. - source: The Guardian - 08.05.2026
Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows
Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costs
Oil prices fall as Trump hails ‘progress’ on Iran.. - source: The Guardian - 06.05.2026
Fertiliser shortages will have ‘dramatic’ effect on global food prices, warns farming boss
Powerful property and farming firm Grosvenor Group says knock-on effect of Iran war could arrive next year
Fertiliser shortages caused by the Iran war have driven up costs for UK farmers by.. - source: The Guardian - 07.05.2026
Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal
US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does not
Oil prices fell and stock markets rose as Donald Trump said the war with.. - source: The Guardian - 06.05.2026
Dozens of former WH Smith stores face closure, putting thousands of jobs at risk
New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending
Dozens of former WH Smith stores are likely to close, putting thousands of jobs at risk under a.. - source: The Guardian - 06.05.2026
Cut borrowing costs for poorer countries to free up $900bn for development – report
G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending
Cutting debt servicing costs for the world’s poorest countries.. - source: The Guardian - 06.05.2026
Four in five Britons worried Iran war will make food more expensive, poll finds
Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs
Four in five people are worried that the Iran war will make food.. - source: The Guardian - 06.05.2026
Rubio insists US is ‘very fortunate’ as Iran war pushes gas price near $4.50
US secretary of state says US is better off than other countries hit by disruption in oil supplies
Marco Rubio has argued the US is in a “very fortunate” position as fuel prices.. - source: The Guardian - 06.05.2026
New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998
Inflation fears fuelled by Iran war and renewd uncertaintly over Stamer;s leadership prompts bonds selloff
The risk to Labour’s tax and spending plans from the war in Iran was underscored.. - source: The Guardian - 05.05.2026