Mehreen Khan

Stagnating living standards for private sector employees ‘helps explain political and economic discontent in Britain’

The ONS said a decline in the energy price cap and favourable comparisons to April last year offset higher energy costs due to the Iran war

Developments have calmed the bond markets, where yields on benchmark ten-year gilts have fallen from a peak of 5.2 per cent to 5 per cent on Wednesday

Bank of England’s worst-case scenario of oil at above $100 a barrel for the rest of the year is ‘probably correct’ and increases the chances of a downturn

Government debt servicing now exceeds £100 billion annually and last month’s bill of £10.3 billion is the highest on record for April

The sharpest fall in nearly a year was much weaker than City forecasts amid the deteriorating growth outlook, rising inflation and the stalemate in Iran

The work of William Stanley Jevons has resurfaced as analysts attempt to predict how artificial intelligence will reshape the world of work

Global oil prices have jumped by 43% since the conflict began. A looming summer oil shock threatens a 2008-style recession if the Strait of Hormuz stays shut

Beijing will be no keener to give up its trade surplus than Berlin was but it poses a huge threat to the existing industrial powers

The rich-country think-tank predicts the impact of the US-Iran war will see GDP slow to 0.9 per cent this year and the unemployment rate rise to 5.5%