Iran war, UK economy
Digest more
Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity
The price of Brent crude was back above $100 on Friday morning, and it’s already feeding through into prices at the pumps. Suddenly, at dinner tables around the UK, everyone is talking about the Strait of Hormuz, through which 20% of the world’s oil passes.
One of our main calls for 2026 is that the UK will no longer look like an outlier on inflation. If disposable incomes aren’t growing this year, then for there to be any increase in spending, we’re going to have to see the savings ratio come lower ...
British executives are less confident in the UK’s economic prospects than when the country shut down during the pandemic, a new survey showed, suggesting that the government has lost the support of the business community. The Institute of Directors ...