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 ...

The official published version of Rachel Reeves's Spring Statement this year contains a proud pledge: 'We promised change at the election.' ...

Britain came under attack on the global bond markets yesterday as UK borrowing costs soared to an 18-year high.

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

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

Interest rates have been maintained as policymakers at the Bank of England cautioned the Iran conflict could send prices ...

Three charts show the extent of the U.K. government's borrowing woes.

Bank of England unanimously votes to press pause on interest rates as Iran worries grow - City still thinks borrowing costs will fall – but not until later this year ...

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 ...

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

Employers are grabbling with spiralling costs linked to tax rises and the conflict in the Middle East.

The latest monthly borrowing figures, out on Friday morning, prove again that the economic picture for Britain is a grim one. There was a record deficit for February, making it very unlikely the ...