LIVE: Reeves Gives Commons ‘Economic Update’
The Chancellor is speaking in the Commons on the Middle East.
Original reporting and the latest political headlines from across the UK.

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The Chancellor is speaking in the Commons on the Middle East.

Oil prices have already shot up thanks to the US-Israeli war in Iran. But what is the economic fallout likely to be? Will interest rates rise? What about inflation? Could the cost of borrowing increase – and by how much? Pippa Crerar and Kiran Stacey discuss how the cost of living might be hit and the political implications of that Continue reading...
From Pitt the Younger to Thatcher, its best leaders understood that prosperity stems not from state direction but from free individuals operating under the rule of law. When the party strays by embracing the mixed economy, accepting soft socialism, or losing the confidence to champion markets, the country suffers and the party loses. The post James Lawson: As the ‘Wealth of Nations’ turns 250, it’s time for the Tories to reclaim their inheritance appeared first on Conservative Home.

The prime minister was speaking as oil prices soar in response to turbulence in the Middle East.

Rachel Gilmour spends on luxury item despite earning a £93k salary, and Screwfix selling alternative options for just £5

The prime minister is facing pressure from unions and some backbenchers to prepare a support package as oil and gas prices threaten to push up inflation Good morning and welcome to our live coverage of UK politics as governments around the world brace for major disruption to energy supplies as a result of the escalating US-Israeli war with Iran. Keir Starmer is expected to promise to protect the British public from the economic impact of the war after oil prices surged past $100 a barrel for the

OPINION: Rural watering holes are teetering on a cliff-edge because of the Government's relentless assault on the hospitality industry, writes Aaron Newbury

Hampshire business seems to have benefited from ‘phoenixism’, which costs the taxpayer about £800m a year A UK recruitment business has been acquired out of administration for a third time in four years as part of a succession of deals that left some of the former management team in place and millions of pounds owed to the public purse. The chain of insolvencies appears to contain more examples of phoenixism – a process when companies are liquidated and directors are able to rise from the ashes

The Chancellor said the 19 per cent hike would raise £2billion for the Treasury

Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.

Economic consequences are an intrinsic aspect of the Iran conflict, writes BBC economics editor Faisal Islam.

Markus Campbell-Savours says he is relieved after rebelling against the government's farm tax plan.