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GDP has continued to grow slowly despite the conflict in the Middle East, but inflation rose in July as its effects filtered through to household energy prices.
GDP has continued to grow slowly despite the conflict in the Middle East, but inflation rose in July as its effects filtered through to household energy prices.
Andy Burnham has announced several policies to help people with the cost of living, with average prices having risen 30% since 2021.
Andy Burnham has announced several policies to help people with the cost of living, with average prices having risen 30% since 2021.
Inflation fell to 2.8% in April 2026, but experts expect it to increase to 3.5% by the end of the year.
Inflation fell to 2.8% in April 2026, but experts expect it to increase to 3.5% by the end of the year.
Economic effects of the US/Israeli conflict with Iran are emerging for UK consumers and businesses. However, flexible supply chains may cushion price pressures.
Economic effects of the US/Israeli conflict with Iran are emerging for UK consumers and businesses. However, flexible supply chains may cushion price pressures.
The Israel/US–Iran conflict has disrupted oil and gas in the Middle East. Consequent price rises may lead to higher inflation and lower GDP growth in the UK.
The Israel/US–Iran conflict has disrupted oil and gas in the Middle East. Consequent price rises may lead to higher inflation and lower GDP growth in the UK.
On 3 March, the Office for Budget Responsibility will update its forecasts for growth, inflation, unemployment and more.
On 3 March, the Office for Budget Responsibility will update its forecasts for growth, inflation, unemployment and more.