Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed
Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on? Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers
‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington Rachel Reeves joins global finance chiefs in highlighting how households and businesses are feeling the pain of higher energy prices
Oil tumbles 10% and stock markets rally as Iran declares strait of Hormuz ‘completely open’ – as it happened Rolling coverage of the latest economic and financial news, as Brent crude tumbles below $90 a barrel
Cuts to overseas aid will worsen shocks to global economy, David Miliband says Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran war
Ukraine war briefing: €90bn EU loan for Ukraine to be released in second quarter EU economy commissioner says Iran war is feeding Russia’s war machine; Trump condemns massive strikes on Ukraine. What we know on day 1,514
Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh
IMF chief Georgieva warns ‘everyone will feel the impact’ of energy price shock, as UK growth beats forecasts – as it happened There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA
UK could face gaps on supermarket shelves by summer if Iran war continues Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disrupted
UK economy showed surprise 0.5% growth before Iran war ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery
Live Nation and Ticketmaster had monopoly over big venues, US jury finds Verdict in states’ case says concert giant stifled competition in ticketing industry, raising pressure for changes
Wall Street scales fresh record high as investors bet on end of Iran war The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of war
IMF calls for countries to economise on energy supplies, and hails UK’s budget deficit improvement – as it happened Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC
The IMF refuses to name the cause of this global chaos. It starts with ‘Donald’ and ends in ‘Trump’ The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages
Trump threatens to fire Fed chair Jerome Powell amid pressure campaign US president says he has ‘held back’ on firing the head of the Federal Reserve leading up to end of Powell’s term in May