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Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activityBusiness live – latest updatesUK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war is likely to lead to a slowdown in the market, according to Nationwide.The UK’s biggest building society said the price of a typical UK home increased by 0.9% month-on-month in March, the largest increase since December 2024. Continue reading...

• S&P 500 dropped 0.80%, Dow Jones fell 0.83%, and Nasdaq 100 declined 0.98% in early trading on March 24, 2026, amid Middle East tensions. • Crude oil surged over 4% to $91.80, up $3.67, as Iran's parliament speaker Mohammad Bagher Qalibaf denied US negotiations, contradicting President Trump's claims of productive talks. • Citi analysts warn prolonged conflict could push oil to $200 per barrel, heightening inflation fears and pressuring equities.

ONS data for three months to January is unlikely to convince Bank of England to cut interest ratesBusiness live – latest updatesWage growth slowed sharply in the three months to January according to the latest snapshot of the jobs market from the Office for National Statistics.Average earnings fell to 3.8% in the three months to January, from 4.2%, which was a larger fall than forecast by City economists. It was the slowest rate of wage growth in more than five years. Continue reading...