Economic news and events


UK welcomes US-Iran ceasefire amid efforts to reopen Strait of Hormuz

Keir Starmer has welcomed the ceasefire agreed between the US and Iran overnight and said it was an opportunity to secure a long-term solution for...

Wed, 08/04/2026 - 07:41


Mediator Pakistan urges Trump to extend Iran deadline

Pakistan’s prime minister, who is playing a key mediating role in the Middle East conflict, on Wednesday urged US President Donald Trump to extend his...

Tue, 07/04/2026 - 21:13


UK to host Hormuz planning meeting as Trump deadline looms for Iran

Britain will host a meeting of allied military officers to discuss plans for securing the Strait of Hormuz as Donald Trump’s deadline for Iran to...

Tue, 07/04/2026 - 12:28


Breedon calls for clarity on UK carbon import control scheme

Breedon Group PLC on Tuesday called on the UK government to provide further clarification on a planned carbon border adjustment mechanism, due to take effect...

Tue, 07/04/2026 - 11:15


UK service sector growth slows in March on Middle East uncertainty

The UK service sector saw its weakest expansion in almost a year in March, as ‘rising global economic uncertainty’ hit new orders, a survey revealed...

Tue, 07/04/2026 - 09:50


Trump mocks Starmer as weak as UK pushes to reopen Strait of Hormuz

Donald Trump has mocked Prime Minister Keir Starmer as weak and had a fresh dig at the UK’s navy as Britain led diplomatic efforts to...

Fri, 03/04/2026 - 09:48


UK’s Cooper condemns Iranian ‘recklessness’ in talks to reopen Hormuz

UK Foreign Secretary Yvette Cooper has condemned ‘Iranian recklessness’ for ‘hitting global economic security’ in talks with a coalition of countries aimed at reopening the...

Thu, 02/04/2026 - 14:19


UK firms predict faster increases in prices amid Middle East conflict

UK firms have said they expect to increase prices more quickly as they come under pressure from surging energy prices linked to the Iran war,...

Thu, 02/04/2026 - 11:58


Reeves to work with supermarket bosses amid fears over food inflation

Chancellor Rachel Reeves and supermarket bosses agreed to explore together how to ease the cost of living for consumers amid a warning that the Middle...

Wed, 01/04/2026 - 22:56


Bank of England warns of Middle East war financial risks

The Bank of England on Wednesday said the Middle East war had caused ‘a substantial negative supply shock to the global economy’, increasing risks to...

Wed, 01/04/2026 - 12:29


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