Nick Edser

The US says attacks on Iran have been halted to give "talks some space", raising hopes of a resolution to the conflict.

The airline says a bid from US firm Apollo has trumped a recent takeover offer from Castlelake.

Motoring groups have warned drivers not to expect a significant drop in costs soon.

The lender says the market regained momentum in March, but rising mortgage and energy costs could hit consumer confidence.

The money will be for "vulnerable" households who have faced a sharp rise in energy bills since the outbreak of the US-Israeli war with Iran.

Royal Mail says the increase reflects the rise in delivery costs, but the move angers consumer groups.

The forecasts were made before the conflict in the Middle East broke out which could have a "very significant" impact, the OBR said.

The technology and online grocery group is cutting about 5% of its global workforce, with two-thirds of the losses in the UK.

Festive trading at the retailer beat expectations, but rising unemployment is expected to weigh on demand this year.

The response to the pandemic led to "enormous outlays of public money which exposed it to the risk of fraud and error", a report says.