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Fertiliser shortages to have dramatic effect on food prices, says Duke of Westminster’s firm

Mark Preston, of Grosvenor Group, who owns one of the UK’s leading farms, says knock-on effect of Iran war could arrive next year

Oil prices fall as Trump says strait of Hormuz ‘open to all’ if Iran accepts deal

US president says war will end if Tehran agrees to deal, but that ‘bombing starts’ again if it does not

Up to 150 former WH Smith stores face closure, putting thousands of jobs at risk

Modella Capital, which rebranded shops as TG Jones, unveils radical restructuring plan, including rent holidays

Airlines among companies using fuel surcharges to cover surge in costs, UK survey shows

Firms raising prices at fastest rate in three years, driven by soaring energy and wage bills but also extra materials costs

Cut borrowing costs for poorer countries to free up $900bn for development – report

G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs

Rubio insists US is ‘very fortunate’ as Iran war pushes gas price near $4.50

US secretary of state says US is better off than other countries hit by disruption in oil supplies

UK 30-year borrowing costs hit highest since 1998 amid oil price surge and political uncertainty – as it happened

Long-term UK borrowing costs hit 28-year high on expectations of higher inflation, and speculation that local elections could prompt leadership challenge

Rachel Reeves and Scott Bessent argued in person about Iran war, sources say

UK chancellor said to have told US treasury secretary she did not like his tone during meeting in Washington in April

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-off

Reform UK’s immigration policies are a significant risk to the UK economy

An exodus of workers will be damaging – and electoral change might help Britain escape instability and low growth

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer

The RBA has hiked interest rates. Use our loan calculator to check how it could affect you

The RBA has lifted rates again after soaring fuel prices pushed up inflation

UK food prices on track to rise by 50% since start of cost of living crisis

Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggests

Women in developing countries hardest hit by rising debt burden, UN research finds

Study warns women face job losses and increased unpaid care duties as debt and conflict-driven turbulence force spending cuts

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  • UK households cut back spending at fastest rate in 18 months, Barclays says
  • BuzzFeed sold to Byron Allen, who will take over as CEO in $120m deal
  • British Steel: more questions than answers on the future
  • UK government borrowing costs rise as Starmer ‘fails to reassure bond markets’ – as it happened
  • AI-powered hacking has exploded into industrial-scale threat, Google says
  • UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’
  • Ofcom to investigate GB News over second airing of Trump interview
  • E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier
  • Advocates decry Trump’s plan to open 24m acres of federal lands to cattle grazing
  • Thinktank calls for ‘double lock’ England private rent cap to ease living costs
  • Democrats are playing with fire in trying to reclaim tax cuts from Republicans
  • Can you move your pension to dodge inheritance tax? Fraudsters say so
  • Oil prices climb after Trump dismisses Iran’s response to peace plan
  • US Senate expected to confirm Kevin Warsh as next Federal Reserve chair
  • Heathrow passenger numbers dip as demand for international travel ebbs amid Iran war fallout
  • UK savings: six traps to avoid when you’re finding a new deal
  • UK households bracing for new cost of living crisis, report finds
  • Delayed Great British Railways’ first station to open at Cambridge South in June
  • ‘It’s like we went bankrupt overnight’: poorest Somalis suffer as piles of worthless shillings mount up
  • Europe should behave more like China does if it wants to survive this age of chaos
  • Full nationalisation of British Steel expected in king’s speech
  • Mike Ashley admits he was behind video that brought down JD Sports chair
  • ‘Degree of complacency’: are supply chains prepared for impact of ongoing Iran war?
  • Trump tariff refunds are happening – and businesses should pay attention
  • Advisers urge JP Morgan investors to vote to split chair and CEO positions
  • Saudi Aramco profits jump despite conflict in Middle East
  • From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success
  • Cape Verde bets on tech to reverse postcolonial brain drain
  • Defence sovereignty: Europe races to build the low-cost weapons of future
  • With Trump’s low approval rating and Republicans’ ‘self-destruction’, can Democrats take the Senate?

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