Economists warn the UK faces a triple hit: growth cut to 0.7% in 2026 with recession risk, inflation at 4%—twice the Bank’s target—and an energy crunch from Gulf disruption. The squeeze threatens higher fuel and home energy bills, weaker wage growth, rising unemployment and a £10bn hole in public finances.

The UK will lead a NATO maritime taskforce next month aboard a German frigate after failing to have a Royal Navy ship available. Ministers face criticism that cuts have left fleets overstretched, prompting warnings from MPs and former chiefs over readiness and credibility.

US forces are concentrating in the Gulf ahead of a White House deadline, with about 3,000 airborne troops and 2,200 Marines deploying. The move is billed as securing the Strait of Hormuz and keeping trade flowing, nudging oil prices higher as regional capitals ready contingency plans.

Security agencies are probing a possible Iran link to arson attacks on four ambulances serving a Jewish community in north London. Specialist officers are leading the inquiry. The PM condemned the incidents as antisemitic and pledged stronger protection and a determined pursuit of those responsible.