UK steel exports to EU at risk as bloc doubles tariffs and halves quotas
Decision to reduce duty-free quotas by 47% aimed at curbing Chinese imports
IMF warns ‘unprecedented’ energy crisis could trigger global recession as Australia prepares for Washington talks
As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026
HSBC says Iran war is hitting confidence as businesses warn over economic risks
Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair
Tuesday briefing: What needs to be done to tackle child poverty in the UK
In today’s newsletter: More than one-fifth of ‘austerity-generation’ British children live in poverty. Our social policy editor talks about the damage done and the way forward
Holidays take a hit as UK cost of living fears and Iran war bite
Consumer spending on travel is down for the first time in five years while card spending edges up in March
Oil price dips below $100 a barrel after Trump claims Iran wants deal
US president’s previous threat to block strait of Hormuz had led to a 6.9% increase in earlier trading
Oil price tops $100 a barrel as US blockades strait of Hormuz; Goldman Sachs posts rise in profits – as it happened
Rolling coverage of the latest economic and financial news
Iran war could plunge 32 million into poverty, says United Nations
‘Development in reverse’ taking place involving rising energy and food costs and weaker economic growth
Bernie Sanders warns ‘worst is yet to come’ in rallying cry against billionaires
US senator appears at Manhattan rally alongside New York City mayor Zohran Mamdani, who cautioned that AI is ‘coming for human jobs’
Collapse of US-Iran talks heightens fears of prolonged energy shock
Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the Gulf
Trump’s new budget ignores dying Americans and gives away record sums to the US military
President’s proposed budget slashes health department by 12% while throwing $1.5tn – a 42% increase – to the military
Task for the week: limit the fallout from biggest oil shock in decades
As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience
US inflation soars in March as war on Iran drives economy into uncertainty
Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffs
Head of IMF says Iran war will permanently scar global economy even if peace is reached
Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards
Ceasefire brings relief to financial markets – but it is far from absolute
Situation still volatile as Tehran and Washington issue conflicting messages about opening of Hormuz channel