The conflict in Iran could push inflation as high as 3.5% in July, the Bank of England has said. That would be well above the central bank’s 2% target for the rate - which measures how fast prices are ...

LONDON (Reuters) - Britain's finance minister Rachel Reeves said the government should focus on helping the Bank of England lower inflation, as well as boosting growth, ahead of a budget due later in ...

Analysts are sounding the alarm over potential tax raids from Chancellor Rachel Reeves as Britain braces for the "greatest ...

How Trump’s Iran war could derail the economy – and the Labour government - POLITICS EXPLAINED: If the bombing of energy ...

UK chancellor pledges to be ‘responsive’ to rising living costs but any support would come against difficult fiscal backdrop ...

One expert said the Chancellor will 'have to make difficult decisions in the autumn budget unless hostilities end quickly and energy prices subside'.

British Government borrowing costs rocketed to levels not witnessed since the 2008 financial crisis on Friday, as mounting ...

The Bank of England in February predicted growth of 0.9 per cent for 2026, while economists polled by Reuters expect 1 per cent growth. The OBR is also likely to revise up its unemployment rate, which ...

The price of Brent crude was back above $100 on Friday morning, and it’s already feeding through into prices at the pumps.

UK government borrowing rose by more than expected in February, it has been revealed, adding a strain on public finances as Chancellor Rachel Reeves faces trouble ahead with the war in Iran. The ...