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Blink and miss: Trump’s tactic of threats first and U-turn later is proving stale in Iran war

President’s move, dubbed Trump Always Chickens Out, appears to have soured as he loses hold on situation in Iran

US markets see biggest slump since start of US-Israel war on Iran

Dow closed 450 points down and S&P dipped 1.7% while Nasdaq fell 2.3% into correction territory

NS&I chief executive replaced in ‘fresh start’ over missing savings crisis; bad day for markets – as it happened

Pension minister says ‘appropriate compensation’ will be paid to the approximately 37,500 people affected

Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

Middle East conflict will damage UK’s economy ‘more than any other’

Organisation for Economic Cooperation and Development says UK economy will grow by just 0.7% this year

UK consumer confidence has ‘collapsed’ during Iran war, retail industry says

BRC survey finds public even more pessimistic about finances as higher energy prices fuel inflation fears

US Postal Service to introduce 8% fuel surcharge on packages

Surcharge, spurred by oil price spikes due to the Iran war, is set to take effect on 26 April and run until January 2027

How to survive our doomed times? Both the experts and I have the same advice

We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose, says Guardian columnist Emma Brockes

ECB could raise eurozone rates ‘as soon as next month’; oil price dips on peace talk hopes – as it happened

UK inflation stays at 3% in February as petrol prices fall and food inflation eases, before Iran war drives up global energy costs

Trump’s war in Iran exposes US’s shift from a global guardian to an arbiter of chaos

The US is recklessly spreading economic havoc among global friends and foes while suffering little harm itself

‘Doge of the left’ could save UK taxpayers up to £30bn, says new green thinktank

Report by Verdant says rooting out waste, fraud and tax avoidance would save money that could help improve public services

UK inflation held at 3% before global energy price hit from Iran war

February annual rate in line with expectations, but Food and Drink Federation fears it is ‘calm before storm’

We’re letting big corporations gamble with our lives. Act now, or the food could run out

The fragility of the global food system fills me with dread – and the war with Iran has exposed just how close to collapse it is, says Guardian columnist George Monbiot

Energy price shock and interest rate rises could cause ‘pronounced’ UK recession, economist warns – as it happened

Morgan Stanley warns that UK could fall into a recession at the turn of the year, if energy prices remain high and Bank of England hikes interest rates

What levers could Rachel Reeves pull to help with rising prices?

What the chancellor could do to counter the economic impacts of Iran war, from stopping price gouging to cancelling fuel duty rises

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