(c) Sky News 2026: Mark Kleinman blog | UK banking giants warn of chaos over Lammy plan to raid law firm coffers

Tuesday, 3 March 2026 17:53
(c) Sky News 2026: Mark Kleinman blog | UK banking giants warn of chaos over Lammy plan to raid law firm coffers
Iran war leaves forecast for low UK inflation not worth the paper it was written on
The rise in gas prices over the past 48 hours is without precedent.
UK bills cannot escape the forces of Iran war
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.
UK growth forecast downgraded and unemployment will peak this year, chancellor reveals
The UK's economic forecast has been downgraded for 2026 but will then improve - and unemployment will peak this year, the chancellor has revealed.
This war has massive implications for the world economy
There is nowhere else on the planet with quite as concentrated a supply of quite so much energy as the Arabian Gulf.