Business

Donald Trump's offer of US-backed insurance and naval escorts for shipping travelling through the Strait of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels.

The rise in gas prices over the past 48 hours is without precedent.

Middle-income earners will be hardest hit by a freeze to the student loan repayment threshold, experts have said.

The economic impacts of the Iran war are already being felt in global markets, and could raise energy prices and wider consumer bills in the UK before long.

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On the first Wednesday of every month, we interview top chefs from around the UK, hearing about their cheap food hacks, views on the industry and more.

The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the chancellor has revealed.

There is nowhere else on the planet with quite as concentrated a supply of quite so much energy as the Arabian Gulf.

The after-effects of a debacle that has seen taxpayers pay hundreds of millions for a pair of ferries at nearly four times the original budget, are continuing with the harbour that was too small to fit the ships set to be taken into public ownership.