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...

Denmark went to the polls as Prime Minister Mette Frederiksen pursues a third consecutive term after calling an early election amid a surge in popularity following the diplomatic row over Greenland.Frederiksen’s Social Democrats remain the single largest party in opinion polls, but support has slipped since their strong 2022 result.Even with the lead, the party appears unlikely to secure the 90...

Many families who once treated days out as a routine are tightening their belts as everyday leisure costs climb.Parents across the UK say meals, attractions and activities have become harder to justify on a middle-income budget, even when both adults are in work.Bianca and Paul Osborne, who live in Stockport and earn close to the national average household income, found a typical family outing...

The flare-up around Iran is already sending sharp ripples through the UK economy, touching everything from farmers' fuel supplies to homebuyers' mortgage deals.Even though Britain does not import Iranian gas, recent missile strikes have driven up global energy prices fast enough to affect domestic markets.Farmers are rationing red diesel and some mortgage offers have been withdrawn as lenders...