Chancellor Rachel Reeves has pledged to focus on investment in the upcoming Budget, introducing economic “guardrails” to alleviate concerns while welcoming scrutiny from the Office for Budget Responsibility.

Oil prices have surged following President Biden’s remarks on a potential action concerning Iran, as the US and its allies encourage Israel to exercise restraint amid market speculations.

OpenAI has raised $6.6 billion in funds and is urging investors not to support its competitors, valuing the ChatGPT maker at $150 billion in a strategic move to limit competition.

Iran has launched a missile assault on Israel, hitting central and southern areas just hours after an IDF ground offensive in Lebanon, with many of the 180 rockets being intercepted.