UK jobs market was in a fragile state – even before Iran war threatened recovery Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers
Electricity generators threatened with higher windfall taxes in bid to ensure stable prices Move marks UK government’s most radical attempt to weaken impact of soaring wholesale gas prices on electricity costs
Trustpilot hosts reviews of illegal casinos, raising concern among MPs Reviews website features pages praising unlicensed sites’ supposed qualities as if they were legitimate businesses
Ed Miliband to double down on net zero with measures to combat Iran energy shock As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will say
Labour’s ‘crabwise’ approach to closer EU ties must address damage of Brexit The damage to the economy dwarfs the upsides from the various non-EU trade deals the UK has struck since 2016
Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed
‘It’s a twilight zone’: Iran war casts deep shadows over IMF gathering in Washington Rachel Reeves joins global finance chiefs in highlighting how households and businesses are feeling the pain of higher energy prices
Cuts to overseas aid will worsen shocks to global economy, David Miliband says Exclusive: Former UK foreign secretary says poor and rich countries alike will be hit amid humanitarian crisis sparked by Iran war
Rachel Reeves warns other budgets may be cut to lift defence spending Chancellor says she is ‘working through a range of options’ to boost the armed forces but does not want to put up taxes
It will take more than £600m a year to boost UK industrial competitiveness Bics fix accepts nose-bleed energy bills are a structural problem but pretends they are only an issue for a narrow section of industry
News of BBC jobs cuts ‘real concern’, says UK’s culture secretary Lisa Nandy says staff have been strongly affected as some express frustration that high-paid presenters and executives likely to be safe
Starmer tells social media firms: ‘Things can’t go on like this’ PM demands real world changes in Downing Street meeting with senior figures from Meta, TikTok, Google and X
AI is destroying jobs – and the energy crisis could make that much worse Every wave of new tech has come with a doomsday scenario. But governments just aren’t planning a human response on the scale required, says Guardian columnist Larry Elliott
Reeves gives more energy bill support to businesses as Iran war pushes up costs Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next year
Reeves tells Americans Trump’s Iran war is a ‘mistake’ UK chancellor steps up criticism, telling Washington event she is unconvinced conflict has made world a safer place