UK gross domestic product (GDP) is expected to grow by 1.1 in 2026, as the OBR cut its previous prediction of 1.4 from last November.
Chancellor Rachel Reeves said she had the ‘right economic plan’ for the UK despite the budget watchdog slashing its forecast for growth ...
The conflict between Iran and the US and its allies has caused widespread airspace closures in the Middle East, sparking major disruption to flights.
The Chancellor’s speech comes just weeks after the Bank of England downgraded its growth rating for the UK economy.
Chancellor Rachel Reeves set out the Office for Budget Responsibility’s forecasts as the Iran war threatened to cast a shadow over the economy.
The Chancellor’s speech comes just weeks after the Bank of England downgraded its growth rating for the UK economy.
It is not just countries in the Middle East where travel is slow, with other popular holiday spots like Bali, Australia and Thailand also ...
A major impact of escalating conflict in the Middle East is on the world’s oil and gas supplies. Oil supplies could be affected by the conflict after Iran reportedly warned tankers on the Strait of ...
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