The UK is set to experience the steepest slowdown in growth among G20 economies as a result of the war involving Iran, the OECD warns.The organisation now expects UK GDP to expand by just 0.7% this year, a marked downgrade from its earlier 1.2% forecast.At the same time, UK inflation is projected to rise to about 4%, up sharply from previous estimates. Global forecasts were also adjusted.While...

President Donald Trump used his Truth Social account to sharply criticise NATO partners and Britain over their responses to recent tensions with Iran.He accused allies of failing to assist the United States and warned they would be remembered for their lack of support.He also urged Iranian negotiators to accept a settlement quickly, saying delay could lead to irreversible consequences. Trump...

President Trump has signaled a desire to step back from the conflict with Iran, but his approach remains muddled as Washington balances threats and talks.In a dramatic 48-hour stretch this week, the Pentagon ordered more than 1,000 paratroopers toward Iran while US negotiators sent Tehran a new 15-point peace proposal.The White House publicly urged acceptance even as it warned of tougher action...

Four Syrian nationals have been detained in Germany after coordinated raids aimed at a criminal network that supplies boats and equipment for crossings of the English Channel.Police in North Rhine‑Westphalia seized inflatable boats, an engine, petrol cans, life jackets and boxes of tyre inner tubes during Wednesday’s early‑morning searches.The action follows a joint probe led by the UK’s...

A major industry group is warning the UK it must boost domestic oil and gas production to avoid growing dependence on imported fuel as global tensions push prices higher.Offshore Energies UK (OEUK) says the government should rethink its ban on new North Sea exploration licences, arguing that Britain risks exposure to supply shocks if more home-grown output is not allowed.Energy markets have...

Another surge in energy prices has jolted Europe, reviving memories of the 2022 shock that followed Russia’s invasion of Ukraine.This time the trigger is instability in the Middle East, which has disrupted key shipping routes and sent markets into a fresh tailspin.The EU had vowed to end its heavy dependence on Russian fuels after 2022 and moved quickly: Russia now supplies almost none of the...

Unconfirmed US reports say Iran launched two ballistic missiles toward the US-UK base on Diego Garcia, but neither weapon hit its target.One missile reportedly malfunctioned mid-flight and the other was intercepted by a US naval vessel, though the exact timing of the launches remains unclear.The BBC says the accounts are credible, and Britain’s Ministry of Defence accused Iran of escalating...

The UK has expanded permission for US forces to operate from British bases to strike Iranian missile sites linked to attacks around the Strait of Hormuz.Ministers said the change is intended to protect merchant shipping in the vital waterway and is being carried out under the principle of collective self-defence.Downing Street stressed Britain will not take a direct combat role in any US...