Keir Starmer faces a crunch week as MPs examine the handling of Peter Mandelson’s failed vetting. Ex-official Sir Olly Robbins is due to give evidence on Tuesday. Reports indicate two senior civil servants did not brief the PM, putting Cabinet Office transparency and accountability under scrutiny.

Peter Mandelson failed security vetting for the US ambassador post, but the Foreign Office overturned the decision so he could take up the role. The disclosure has sparked calls for an inquiry and opposition demands for the PM to resign if he misled parliament over the appointment.

Global oil and gas giants are reaping about $30m in extra profit every hour amid energy market turmoil, with annual takings forecast at $234bn. Campaigners urge a windfall tax to fund household support and green investment, and pressure is mounting on ministers to act.

The IMF warns that escalating tensions involving Iran could tip the global economy into recession, with Britain hit hardest in the G7. The UK’s reliance on energy imports and fragile growth would magnify higher prices and weaker output, tightening pressure on households and public finances.