The chancellor will outline the action she is set to take in a statement to MPs on Tuesday following Monday’s emergency Cobra meeting

Labour chancellor facing pressure to help families, without breaking the bank

The prime minister will meet with senior ministers and Bank of England governor on Monday to discuss the impact of the conflict

The chancellor will outline the action she is set to take in a statement to MPs on Tuesday following Monday’s emergency Cobra meeting

Energy minister Michael Shanks reassures drivers ahead of chancellor’s statement to MPs

After an emergency COBRA meeting, there were expectations the chancellor would set out a plan to deal with a potential economic shock from the Iran war. Instead, MPs were left…

Labour chancellor Rachel Reeves made the announcement as consumers face an anxious wait

Chancellor warns UK households face ‘significant’ economic challenges as US and Israel’s war against Iran sends global financial markets and energy prices spiralling

The price of oil has skyrocketed since the war in Iran began and the UK economy is predicted to see a drop in growth