‘Doomsday scenario’: a visual guide to the oil and gas site attacks in the Middle East

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy

Prolonged high oil prices could ‘crimp’ AI boom, WTO warns

Iran war and its impact on energy and fertiliser costs is the main risk to the global economy, report says

BoE delivers message Britons don’t want to hear as inflation – and rates – look set to rise

Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices

Bank of England holds interest rates at 3.75% and signals rise is possible within months

Decision comes as concerns mount over economic fallout from Iran war bringing inflation shock

UK pay growth sinks to five-year low as younger workers hit by hiring slowdown

Unemployment holds steady, but Bank of England is unlikely to be convinced by ONS data to cut interest rates

Trump threatens to ‘blow up’ all of Iran’s South Pars gasfield if Tehran strikes Qatar

US president says ‘extremely important and valuable’ site will be targeted if Iran continues to attack Qatar facilities

Reeves’s speech had a giant hole: the sky-high cost of energy for industry

Businesses say the chancellor’s response to the problem is too timid and more radical thinking is needed

Starmer says Tory shadow minister should be sacked for criticism of Muslims praying in Trafalgar Square – as it happened

Nick Timothy said an event attended by the mayor of London that included prayers was an ‘act of domination’

Polanski positions Greens’ economic policy as radical alternative to Reeves

Offer to reform taxes, tackle ‘rip-off Britain’ and overhaul fiscal rules could tempt exasperated Labour supporters

Interest rates are not the tool to solve the inflation caused by the US’s war with Iran

We’ve been here before with Covid and Ukraine. Making borrowing more expensive won’t work – only price controls, caps and public ownership can do that, says Josh Ryan-Collins, a professor at UCL

Reeves plans to give England’s regional leaders a share of national tax revenues

Chancellor seeks ‘genuine break with the past’ in tackling centralised and ‘geographically unequal’ country

‘Basics’ of life in Britain have been sold for profit, says Polanski

Exclusive: England and Wales Greens leader outlines economic policy including help to meet rising energy costs and water re-nationalisation

Rachel Reeves reveals push for fiscal devolution to English regions, says Brexit caused damage, and admits student loan system is ‘broken’ – as it happened

Chancellor says Brexit may have cost 8% of UK GDP in wide-ranging Mais lecture at Bayes Business School in London which also called for AI push

EU calls for urgent reboot in talks with UK to stop reset deal failing

Time is running out to find agreement on areas such as tuition fees EU citizens would pay in Britain and rules for food safety

Sobering times: alcohol-free beer added to UK inflation basket

Hummus and pet grooming also join list of goods and services used to help judge the impact of rising prices