Oil price hits one month high as Trump plumps for ‘extended blockade of Iran’; Russia hopes Opec+ will survive UAE’s exit – business live
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Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain
Financial markets are betting the Reserve Bank will hike interest rates for a third straight meeting next Tuesday
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region
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Dollar Index at 98.71 (+0.20% vs prior close).