Iran war: Oil prices jump above $100 for first time in four years

Liberal Democrat deputy leader Daisy Cooper has warned the UK’s economic growth is being held back by a “computer says no” approach. She unveiled a 30-page growth plan, external aimed at removing barriers to business as part of her speech to the Lib Dem conference in Brighton. Cooper, who is also the party’s Treasury spokesperson,…

In total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time).

Emma SimpsonBusiness correspondent Jonathan Armstrong died in October before receiving full compensation A sub-postmaster whose life was ruined by the Post Office’s faulty accounting software has died without receiving his full compensation. Jonathan Armstrong passed away in October from a heart attack at the age of 58. His widow, Sarah, is now looking into claiming…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will battle for his Downing Street future on Monday as he seeks to explain to MPs how Lord Peter Mandelson became UK ambassador to the US despite failing security vetting. The prime…