News
UK economy contracts as Iran war bites
1+ hour, 18+ min ago (337+ words) Friday, 12 June 2026 07: 28 The UK economy shrank slightly, as fuel price rises caused by the Iran war hit spending, new official figures show. Gross domestic product (GDP) - a measure of everything produced in the economy - contracted 0. 1% in April according to data…...
Americans are paying a growing financial price for Iran war
1+ day, 16+ hour ago (819+ words) Wednesday, 10 June 2026 16: 26 By James Sillars, business and economics reporter The start of the US-Israeli military strikes on Iran on 28 February seem a long time ago now but the impact on people's pockets is only now starting to fully filter through....
Retail chiefs urge PM to act on youth unemployment crisis | Mark Kleinman blog
2+ day, 20+ hour ago (111+ words) Tuesday, 9 June 2026 12: 02 The City regulator is seeking an injunction against the former star fund manager Neil Woodford, claiming he is breaking the terms of a ban related to the collapse of his flagship fund in 2019. Welsh Water has become the…...
UK firms 'suffering financially' as government drags heels on Defence Investment Plan
1+ week, 3+ day ago (661+ words) Tuesday, 2 June 2026 01: 19 A majority of UK defence technology firms have suffered financial harm because of a chronic delay in the publication of a government investment plan for defence, a survey has revealed. Exactly one year after Sir Keir Starmer unveiled…...
Supermarkets 'encouraged to cap food prices' by government to help with cost of living crisis
3+ week, 2+ day ago (626+ words) Wednesday, 20 May 2026 08: 29 Supermarkets in the UK are being encouraged by the government to introduce price caps on key products, such as eggs, bread and milk, in return for the easing of some regulations, it has been reported. The Treasury has…...
Unemployment rate ticks up to 5% and wage growth slows
3+ week, 3+ day ago (688+ words) A Girl Like You Tuesday, 19 May 2026 08: 37 The UK's jobless rate has ticked up to 5% and the pace of basic wage growth has eased further as the country faces down a fresh energy-led price shock. Data from the Office for National…...
GDP figures show unexpected growth, as Reeves warns "now is not the time to put economy at risk"
4+ week, 23+ hour ago (584+ words) Thursday, 14 May 2026 09: 36 The UK economy unexpectedly grew during first month of the Iran war, new official figures reveal. GDP, a key economic measure of everything produced in the economy, expanded 0. 3% in March, according to the data from the Office for…...
Don't risk stability warns Reeves, as figures reveal unexpected economic growth
4+ week, 1+ day ago (374+ words) Lady (Hear Me Tonight) Thursday, 14 May 2026 07: 55 The economy unexpectedly grew in the first month of the Iran war, according to official figures. GDP, a key economic measure of everything produced in the economy, expanded 0. 3% in March, data from the Office…...
Next plans 'moderate' price hikes as rising costs hit businesses
1+ mon, 5+ day ago (681+ words) Baby I Don't Care Wednesday, 6 May 2026 11: 32 By James Sillars, business and economics reporter Next is planning "moderate" price increases this month as a closely watched survey of companies reports the fastest rise in cost pressures for three-and-a-half years. The retailer…...
The war in Iran is coming for Britain's favourite food
1+ mon, 1+ week ago (888+ words) Can't Give You Anything (But My Love) Friday, 1 May 2026 00: 27 By James Sillars, business and economics reporter The indirect "effects of Iran war inflation are "likely to be largest for food prices". They were the words of the Bank of England's…...