Dow Jones Industrial Average posts best day since early February as hopes of Middle East de-escalation lift markets – as it happened

Investors are piling back into shares after US president extends Iran’s deadline to reopen strait of Hormuz, sending oil price down

Stock markets swing and oil prices fall after Trump postpones strikes on Iran power plants

European shares start to rise after US president says talks have been ‘very good and productive’

Starmer says ‘every lever’ will be explored to ease rising costs of living from Iran conflict

PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shock

UK mortgage interest rates expected to rise despite Trump’s Iran pause

Bank of England likely to make two quarter-point increases amid sustained rise in inflation, investors believe

HS2 firm says new steel tariffs will ‘exacerbate’ cost pressures for UK construction industry

Doubling tariffs on imported steel will raise cost of the metal when Iran war is already inflating steel and concrete prices

Campaign groups rail against Palantir, but the UK contracts keep coming

AI analytics firm has become influential in Whitehall, and FCA deal gives it yet more access to data

‘The new ketchup’? How hummus spread beyond a niche into a British staple

News that chickpea dip is to join list of products used for UK inflation basket confirms its move into the mainstream

Energy shock talk grabs headlines but the Iran war is also driving the world towards a food crisis

Growers face soaring fertiliser and fuel costs as shipping choke point of the strait of Hormuz hits supply chains

‘Trumpflation’: how the Iran war’s economic storm could affect Britons

Yet another cost of living crisis looms with fuel, food, holiday, energy and home loan prices expected to rise

‘The stakes are enormous’: how a prolonged Iran war could shock the global economy

Donald Trump’s ‘little excursion’ is likely to have long-term effects, from oil prices to inflation to growth, say experts

Trump’s economic shocks are derailing Britain’s building plans

With major developments collapsing, pressure is growing on councils to concede on affordable housing and public amenities

‘It’s come at the wrong time’: how Iran war has floored the Gulf as a sports hub

Conflict has not only hit sporting calendar but laid bare weakness in plans for diversifying economies through sport

Lowering speed limits among contingency plans to curb UK oil demand

International Energy Agency recommends emergency measures, including working from home, as Iran war hits fuel supply

FTSE 100 loses all its 2026 gains as Middle East conflict hits shares, and UK borrowing costs reach highest since 2008 – as it happened

Money markets predict three quarter-point rises in UK interest rates this year, due to inflation shock from higher oil and gas prices

Labour dismisses Reform UK MSP candidates as ‘hopeless Tory rejects and oddballs’ as one is suspended – as it happened

Stuart Niven suspended after revelations he was struck off as company director, while other candidates have been accused of extremist statements including describing Humza Yousaf as ‘not British’