ONS revealed inflation slowed, while US-Iran tensions continue to affect oil prices and corporate markets.
Steady: 1 in the last 7 days
Updated thursday
The latest in this situation
- Paul Nowak pressures John Healey to address rising costs using TUC analysis.
- ONS data showed spending outstripped tax receipts, and war caused higher interest on inflation-linked debt.
- Healey's budget confirmation and ONS data are now informing AJ Bell's pension projections, driving pension certainty.
- John Healey relies on Office for National Statistics data to formulate the economic outlook.
How it started
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What happened
ONS revealed inflation slowed, while US-Iran tensions continue to affect oil prices and corporate markets.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- John Healey relies on Office for National Statistics data to formulate the economic outlook.Sub-event
ONS reports inflation slowdown; US-Iran tensions continue to impact energy and corporate supply chains.1 source
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The entities involved
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Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data
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John Healey
British politician (born 1960)
Related events
- Iran's potential actions are affecting global oil prices, leading to eased central bank tightening pressures, while UK borrowing figures constrain Chancellor Healey's fiscal room.
- Geopolitical risk adds to UK fiscal pressures as renewed fighting drives up oil prices, prompting economists to analyze market impacts.
- Conflict in the Middle East is raising energy prices and driving up borrowing costs, requiring John Healey to fund Andy Burnham's spending pledges.