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iran conflict

  • Mood has shifted on housing market as rates rattle demand

    April 9, 2026

    High mortgage rates are unlikely to deflate immediately even if the Iran ceasefire holds, property experts have warned, as rising rates stifle demand for houses. The number of Brits enquiring to buy a new home fell even further in March, down from negative 29 per cent in February to minus 39 per cent last month, [...]

  • Christian nationalism is a dead end for British conservatives

    April 8, 2026

    JD Vance supports re-election of Viktor Orban because the Hungarian autocrat funds a network of think tanks and writers that are crucial to his own succession of Donald Trump. This is not the way forward for the British right, says Alys Denby “This is the horniest place I’ve ever been,” a fellow attendee said, noting [...]

  • Energy bills threat recedes but retail and hospitality remain on brink

    April 8, 2026

    Retail and hospitality leaders are optimistic that the Iran-US ceasefire could spare them from the worst energy bill shocks, but are urging the government to address an array of other cost pressures. British businesses had warned that the soaring energy prices caused by the war in the Middle East could be devastating if the conflict [...]

  • House prices drop as Iran war shakes property market

    April 8, 2026

    House prices fell in March as the uncertainty caused by the Iran war stifled the property market and spiked fears of interest rate rises.  Average house prices fell 0.5 per cent last month, reversing the modest 0.3 per cent February increase, according to Halifax’s house price index. This is the latest signal that the Iran [...]

  • FTSE 100 Live: Blue-chip stocks boom on Trump and Iran ceasefire

    April 8, 2026

    Good morning and welcome back to the City AM liveblog. Markets are in line for a major boom this morning after Donald Trump confirmed a two-week ceasefire with Iran shortly ahead of his latest bomb threat deadline. Trump announced the two-week postponement by stating the US and Iran were “very far along” with a “definitive” [...]

  • Jet fuel crisis sparks rush for travel insurance as airlines warn of Summer cancellations

    April 7, 2026

    Interest in travel insurance has spiked over the last month after airline bosses warned of cancelled flights amid shortages of jet fuel due to the ongoing energy crisis. Thousands of flights have been cancelled, and more cuts are planned, as global airlines struggle with surging fuel costs and supply issues caused by the war in [...]

  • FTSE 100 Live: Stocks dip ahead of Trump’s Iran deadline

    April 7, 2026

    Good morning and welcome back to the City AM liveblog. The London market is set to return from the bank holiday break with a major hangover. Whilst the City enjoyed an Easter break, volatile trading continued with Brent crude – the international benchmark for oil – hovering around the $110 mark after see-sawing between gains [...]

  • On This Day in 1980: America severs diplomatic relations with Iran

    April 7, 2026

    The United States severed diplomatic relations with Iran on April 7, 1980, after the Ayatollah Khomeini refused to order the release of the American hostages who had been held at the US Embassy since the previous November, writes Eliot Wilson If you remember good relations between the United States and Iran, you are at least facing [...]

  • ‘A whole civilisation will die tonight’: Trump ramps up Iran threats as deadline draws nearer

    April 7, 2026

    Donald Trump has dialled up his threats on Iran warning a “whole civilisation will die tonight” ahead of his latest looming deadline for Iran. The chaotic sentiment has rocked markets across Europe after indexes struggled to find direction during early trading. The FTSE 100 see-sawed between gains and losses as the City market returned from [...]

  • ‘Open the f**king strait’ – Trump issues brutal ultimatum to Iran

    April 5, 2026

    Trump has ordered Iran once more to open the Strait of Hormuz in an expletive filled ultimatum, threatening Iranian bridges and power plants if Iran fails to meet US demands. Just hours after warning Iran that “all hell will reign down” if they fail to reopen the waterway by Monday, US President Donald Trump has [...]

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