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

ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery

Verdict in states’ case says concert giant stifled competition in ticketing industry, raising pressure for changes

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

Rolling coverage of the latest economic and financial news, as IMF managing director Kristalina Georgieva gives a press conference in Washington DC

The International Monetary Fund remains stuck in a situation where the biggest concern about inflation is wages

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

Conflict is pushing up price of energy and food, fuelling higher borrowing costs and hitting growth, report says

For some, the impact is already being felt but others remain in limbo over their energy security and are hostage to an unlikely de-escalation

Former US Fed chair says lowering rates to reduce debt service cost can lead to inflation getting out of control

As Americans race to file their federal taxes before Wednesday’s deadline, new analysis breaks down where the money goes

Growth forecasts cut for US and global economy, while UK suffers sharpest downgrade in G7

Chancellor faced with fund’s forecast that impact of Iran war will leave Britain as G7’s biggest loser

International Monetary Fund has lowered its forecast for UK growth in 2026 and 2027, due to Iran war and weak growth in late 2025