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187 headlines found — Page 12 of 16

The Guardian Politics4 Mar 2026

War in Middle East ‘could wipe out growth in UK living standards’

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktank Business live – latest updates Conflict in the Middle East could trigger an energy price shock that wipes out anticipated growth in living standards in the UK worth £300 for a typical working-age household over the coming year, a leading thinktank has warned. The Resolution Foundation said a “decent” one-off increase in average living standards this year and a bumper rise for

Defence
The Guardian Politics4 Mar 2026

Ex-Nato commander defends Starmer after Trump’s ‘no Winston Churchill’ jibe

Gen Sir Richard Shirreff says US president has launched war of choice in Iran with no clear grasp of how it will end UK politics live – latest updates Middle East crisis – live updates Britain cannot become embroiled in a war “without a clear end point”, a former senior Nato commander has said, as he defended Keir Starmer after Donald Trump’s jibes that he was “not Winston Churchill”. Trump was “another American president who had launched a war of choice,” said Gen Sir Richard Shirreff, as a

PoliticsDefence
The Guardian Politics4 Mar 2026

Want to stop Farage with your vote? At the moment you can’t – and Starmer must fix that | Polly Toynbee

The PM’s in-tray is overflowing. But he can’t afford to neglect the real issue that is distorting our politics and the way we live At home and abroad, Labour and its leader are under siege. Though the Gorton and Denton result is history now, the repercussions roil his party and underpin the fight for its future. Abroad, the policy rift within the Labour tribe is just as bad, with the fear that the party will be dragged backwards into the wreckage of another illegal war in the Middle East. Yet ag

PoliticsDefenceReform
The Guardian Politics3 Mar 2026

Shadow of Iraq war lies over Westminster as MPs consider US-Israeli attack on Iran

Despite rebukes from Donald Trump, many MPs back Keir Starmer’s stance so far, and say lessons from conflict in Iraq must not be forgotten Calvin Bailey keeps his Iraq medal, issued to members of the British armed forces who served as part of Operation Telic, safe in a drawer in his home. It features a clasp, given to personnel who were part of the very first wave of flights to leave British bases to invade Iraq in March 2003. So when the Labour MP for Leyton and Wanstead spoke at a meeting bet

PoliticsDefence
The Guardian Politics3 Mar 2026

The Guardian view on Rachel Reeves’s spring statement: stability cannot mean sacrificing living standards | Editorial

An energy shock from war in the Gulf will expose the limits of rigid fiscal rules. The real question is who absorbs the loss: the state, firms or households? The war in the Middle East has sent oil and gas prices soaring – and Britain remains deeply exposed to global energy markets. If the shocks persist they will feed directly into household bills, business costs and inflation. On Tuesday, the Office for Budget Responsibility released projections that were finalised before the US-Israeli strike

EconomyDefence
The Guardian Politics3 Mar 2026

What will Rachel Reeves’s spring forecast mean for household finances?

The chancellor promised more money in people’s pockets, but the Iran crisis makes steeper inflation a pressing worry Rachel Reeves used her spring statement to insist her economic policies are working and things are looking up for household finances after the cost of living crisis. The chancellor trumpeted that by the next general election “people will be over £1,000 a year better off”. But against the backdrop of war in the Middle East, financial experts warned that the new economic forecasts p

PoliticsEconomyDefence
The Guardian Politics3 Mar 2026

Unemployment set to hit 5.3% this year amid ‘worrying’ rise in young jobless

OBR raises forecast from 4.9% and downgrades UK’s growth prospects for 2026 – while also warning of war uncertainty Unemployment in the UK is set to peak this year at a higher rate than previously estimated, with a “worrying” increase in young people being out of work, the government’s official forecaster has said. The Office for Budget Responsibility (OBR) said unemployment will peak at 5.3% this year, up from its previous forecast in November of 4.9%. Continue reading...

EconomyDefence
The Guardian Politics3 Mar 2026

Ben Jennings on Donald Trump, Keir Starmer and the war in Iran – cartoon

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Defence
The Guardian Politics3 Mar 2026

Reeves’s talk of stability may be misplaced amid Iran war turmoil

Attempt to project calm in spring forecast may be short-lived if living costs and unemployment keep climbing Reeves insists Labour has ‘right economic plan’ Business live – latest updates “This government has restored economic stability,” Rachel Reeves told the House of Commons on Tuesday. Yet the chancellor was speaking just moments after MPs had been hearing from the foreign secretary, Yvette Cooper, about plans to evacuate British nationals from the escalating conflagration in the Middle E

PoliticsEconomyDefence
The Guardian Politics3 Mar 2026

‘I’m concerned the Iran war might drive up living costs’: Britons respond to Reeves’s spring forecast

The chancellor’s statement offered little new on tax or spending, but readers voiced concerns about rising costs Business live – latest updates Action to tackle student loan debt, clarity about what the Middle East crisis will mean for the UK economy, cheaper borrowing, more scrutiny of supermarket prices … Readers who took part in a Guardian callout before the spring forecast had plenty of things on their wishlists. In the event there were no major tax or spending measures announced, and some

EconomyDefence
The Guardian Politics3 Mar 2026

UK considers sending Royal Navy destroyer to Cyprus

Defence sources say deployment of HMS Duncan to better protect base on Mediterranean island is under discussion UK politics live – latest updates Middle East crisis – live updates John Healey, the defence secretary, is considering sending a Royal Navy destroyer to Cyprus to help defend British bases there after several apparently hostile drones targeted RAF Akrotiri on the island. Defence sources said a deployment of HMS Duncan, currently in Portsmouth, was under discussion as a way to better

PoliticsDefenceHousing
The Guardian Politics3 Mar 2026

Labour to scrap government power over elections watchdog amid fears of abuse

MPs and campaigners had warned law imposed by Tories could be used by future leaders to ‘undermine democracy’ UK politics live – latest updates Ministers are to repeal powers imposed by the Conservatives that allowed them control over the elections watchdog, after warnings they could be abused by a future government with authoritarian ambitions. Steve Reed, who as communities secretary is overseeing a new elections bill, announced the move to MPs, saying he would “repeal in full the power for

PoliticsDefence