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Chancellor had vowed to cut cost of living but Treasury now foresees ‘very difficult Budget’ later this year

Ensuring the country’s survival — and Hizbollah’s weakening — is Trump’s best hope for Middle East success

Wild swings in UK gilts point to strains that will hurt government finances and jack up borrowing costs for us all

US president threatens to ‘obliterate’ Iran’s power plants if waterway is not opened for shipping

Thin margins and limited reserves leave small businesses uniquely exposed.