The gilt market will hover over any Labour leadership contest
The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal race
Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation
Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party
Reeves seizes on surprise UK growth as evidence Labour leadership must stay
Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran war
Reeves warns against risking economic stability with leadership battle, after UK growth beats forecasts in March – as it happened
Chancellor warns against plunging the country ‘into chaos’ with leadership battle, after economy grows at fastest pace in a year in Q1 2026
Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on
The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle
‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh
Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body boss
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous
US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell
Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower rates
The king’s speech: what is the government’s legislative agenda for the next 12 months?
Keir Starmer set out bills to abolish NHS England, overhaul Send provision, limit jury trials and forge ties with EU
Global oil inventories falling at record pace amid Iran war; US producer price inflation hits four-year high – as it happened
IEA warns that mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace
‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks
With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict
UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty
Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautious
Three-quarters of UK millionaires would be happy to pay more tax, research finds
Despite concerns super-rich are leaving due to tax burdens, 88% of those surveyed were proud to live in UK and would pay more to fund public services
Investor jitters over Starmer uncertainty drive UK long-term borrowing costs to 28-year high
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership change
UK long-term borrowing costs dip from 28-year high after Starmer allies back PM – as it happened
UK bond yields hit highest since 1998 this morning, before easing back as some cabinet ministers voiced support for Keir Starmer