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February annual rate in line with analysts’ expectations but outlook has shifted because of effects of conflictThe UK inflation rate was unchanged at 3% in February, before Donald Trump’s Iran war drove up global energy costs, threatening a renewed pri…
PMI figure reveals impact on economy of rise in oil prices driven by Iran warBusiness live – latest updatesThe UK’s manufacturers have suffered the sharpest one-month acceleration in costs since the aftermath of Black Wednesday in 1992 as conflict in t…
PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shockUK politics live – latest updatesMiddle East crisis – live updatesKeir Starmer has promised to look at using “every lever that’s available to…
Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete pricesOne of HS2’s biggest contractors has warned the government that raising tariffs on foreign steel imports will “exacerbate” cost …
AI analytics firm has become influential in Whitehall, and FCA deal gives it yet more access to dataPalantir extends reach into British state as it gets access to sensitive FCA dataPalantir’s latest UK contract takes the AI and data analytics company i…
News that chickpea dip is to join list of products used for UK inflation basket confirms its move into the mainstreamThe best (and worst) supermarket hummus tasted and ratedIt is a sign of the times. This week it was revealed that hummus is joining the…
Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say expertsIn the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excu…
International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supplyLowering speed limits to minimise fuel consumption is among potential contingency plans being drawn up by the UK government as the crisi…
This blog is now closedSeverin Carrell is the Guardian’s Scotland editor.Malcolm Offord, Reform UK’s Scottish leader, has doubled down on his defence of the party’s vetting by dismissing remarks by candidates backing Tommy Robinson or describing Humza …
Deficit rises unexpectedly to £14.3bn in February as stock markets slide amid fears that Iran war will escalateBusiness live – latest updatesUK government borrowing costs reached their highest level since 2008 on Friday, while financial markets now exp…