UK braces for price rises driven by Iran war as economic confidence plummets

• US military missile inventories, including Tomahawks, Patriots, and THAAD interceptors, are depleting faster than production rates amid the Iran war launched February 28, 2026. • President Trump extended the Iran truce, prompting questions on whether it's a diplomatic move or a pause to resupply amid sustainability concerns. • The conflict, triggered by US-Israeli airstrikes killing Supreme Leader Ali Khamenei, has led to Iranian retaliation and Strait of Hormuz closure, disrupting global oil supplies.

More than 200,000 have signed petitions urging the government to break contracts, amid concerns about the company’s ‘supervillain’ manifestoOver 200,000 people have called on ministers to break contracts with Palantir in an apparent groundswell of public concern about the US tech company’s role in the NHS, police, military and councils.Two petitions have attracted 229,000 signatures, one calling for the government to end all public contracts with the firm, whose software is used by Donald Trump’s ICE immigration enforcement programme and the Israeli military, and another urging the health secretary, Wes Streeting, to cancel its £330 patient data contract with the NHS. Continue reading...

Forecasting service raises alarm over data from Paris airport used to settle Polymarket wagers on temperatureFrench police are investigating alleging tampering with national weather forecasting service equipment after a series of unusual temperature readings coincided with suspicious winning bets made on Polymarket.Data from a Météo-France weather station at Paris’s Charles de Gaulle airport was used to settle bets between online gamblers on what the temperature would be in Paris for March and the first weeks of April. Continue reading...

National broadcaster confirms it will not broadcast world’s largest live music eventNational broadcasters in Ireland, Spain and Slovenia will not air the Eurovision song contest this year, after they decided to boycott the event over Israel’s participation.Having already announced it would not submit a national entry, Slovenian broadcaster RTV confirmed on Thursday it would implement a broadcasting blackout of the world’s largest live music event and instead show a series of films about Palestine. Continue reading...

Prosecutors say 43 people indicted on charges including murder, kidnapping, extortion and drug traffickingMore than two dozen members and associates of the Mexican mafia were arrested during an early morning crackdown in southern California, federal authorities said on Thursday.The FBI and other federal and local agencies executed search and arrest warrants at locations mostly in Orange county, south of Los Angeles, according to the US attorney’s office. Continue reading...

US president says Tehran hobbled by infighting as Pentagon reportedly briefs mine clearance may take six monthsMiddle East crisis – live updatesDonald Trump has again said that the US has “total control over the strait of Hormuz,” adding that Iran’s leadership was so hobbled by infighting that it was unclear who was in charge.But the US president’s claim seemed questionable in the face of the seizure of two container ships by Iranian commandos and a US report warning it could take six months to clear the strait of mines. Continue reading...

Report examines how the effects of slavery and Jim Crow at the county level continue to harm Black Georgia residentsA Georgia taskforce has released a landmark report that details the lasting impact of slavery and its afterlives in Fulton county.The report, spanning more than 600 pages, is based on original research by the Fulton county reparations taskforce and a review of primary source documents. It is the first-of-its-kind in the nation, according to county leaders and researchers. Rather than examining the impact of slavery and racism at the federal or state level, the harm report investigated the role of the county government. Continue reading...

Battle of the blockades may still have more time to run as both the US and Iran try to assert control over the strait of HormuzDonald Trump’s decision to extend the naval blockade of Iran indefinitely may do nothing to reduce world oil prices – but it could amount to a recognition that further US military escalation in breach of the nominal ceasefire comes with greater risk against a regime disinclined to surrender.In theory, Trump’s military options are increasing. A third US carrier strike group, the George HW Bush, is due to arrive in the Middle East within days after rounding South Africa. A second taskforce of 2,500 US marines is sailing from the Pacific and is due to arrive by the end of April. Continue reading...

John Phelan firing caused by poor relationship with Pete Hegseth and slow movement on shipbuilding, sources sayThe Trump administration fired its top naval official on Wednesday in a move unrelated to the ongoing naval blockade of Iran’s strait of Hormuz, but instead over over an internal dispute about shipbuilding.The Pentagon confirmed that John Phelan, who ran a private investment fund in Florida and was a Donald Trump donor, had been ousted as the navy secretary. His departure – the first of any service secretary in the Trump administration – came in the same week Iran’s Revolutionary Guard Corps seized two container ships in the strait of Hormuz, claiming maritime violations and transferring them to Iranian shores. Continue reading...

Thousands of research papers have been published based on participants’ data, but there are questions over protection of private informationWith the revelation that the confidential health records of half a million British volunteers have been put up for sale on a Chinese website, we take a look at what the UK Biobank project has achieved – and why concerns have been raised. Continue reading...

Exclusive: Officials warn department will lose access to database of 26,000 verified cases by cutting fundingThe Foreign Office unit tracking potential breaches of international law by Israel in Gaza and more recently Lebanon has been closed because of cuts within the department, the Guardian can reveal.The decision to shut the international humanitarian law cell follows a review by Olly Robbins, the permanent secretary at the Foreign Office dismissed last week by the prime minister over the Peter Mandelson scandal. Continue reading...

Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran warLockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal government amid the conflict in the Middle East.In an earnings call on Thursday covering the first quarter of 2026, Lockheed Martin CEO Jim Taiclet told investors that the company is well positioned “based on more available resources for us”. Continue reading...