Globalisation is under threat from Iran war – and Britain is uniquely vulnerable

Economic ripples from US-Israel attacks will soon become waves, engulfing everything from energy prices to food

South East Water fined £22.5m for ‘repeated supply failures’ in Kent and Sussex

Regulator says failures that hit nearly 300,000 customers made worse by utility’s failure to maintain efficient supply system

Motoring groups accuse retailers of using conflict as an excuse to lift prices as Jim Chalmers asks ACCC to keep watch

Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chain

At one store trialling the gates, a customer said ‘if you wanted to enter without hitting your child, you’d have to go in backwards’

The UK should optimise North Sea oil and gas production while it transfers to renewables and nuclear developments

Household costs could reach £1,800 a year from July as UK market hits three-year high

Airlines are using long-readied contingency plans but bottlenecks have formed that no amount of planning can fix

Plan to create and preserve jobs in clean tech and low carbon sectors could include UK if there is reciprocal market access

The morning show host’s contract extension is a victory for the Bari Weiss-led network news division

Lawsuits and slander claims fly in IG Metall’s battle with Elon Musk over employment rights and conditions

Firm admits supplying water unfit for human consumption after nearly 150 people fell ill

Rolling coverage of the latest economic and financial news

Rising oil and gas prices may affect increase of £300 a year for typical working-age households, says leading thinktank

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%