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ECB keeps interest rates on hold as growth stumbles and price rises gather pace, up from 2.6% in March and 1.9% in FebruaryBusiness live – latest updatesAir France-KLM cuts forecasts amid $2.4bn fuel bill riseInflation across the eurozone soared to 3% …
Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorateThree million UK households are being forced to skip meals as consumers resort to drastic measures to deal with rising costs, according to…
Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for BritainBusiness live – latest updatesLloyds has warned that the economic fallout from the Middle East conflict could cost it £151m amid rising unemploy…
Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next TuesdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastInflation jumped to 4.6% i…
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir S…
Annual March rate shows impact of Iran war, which also pushed up cost of food and air faresBusiness live – latest updatesUK inflation accelerated to 3.3% in March after the Iran war triggered the biggest jump in fuel prices for more than three years.In…
Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, afte…
Health secretary and chef Robert Irvine claim Americans could eat healthier and more cheaply if they shopped betterSign up for the Breaking News US email to get newsletter alerts in your inboxThe first episode of the new Secretary Kennedy Podcast, prod…
Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran warWith the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing t…
Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loserIran war escalation could trigger global recession, IMF warnsThe Iran war is bad news for the global economy. But for some countries, the unfolding co…