February GDP report to show if UK economy was growing before Iran war began – business live

Rolling coverage of the latest economic and financial newsRachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict.The chancellor said the long-promised British Industrial Competitiveness Scheme (BICS) would be expanded to cover 10,000 companies, up from the 7,000 originally announced.With the economy stagnating to start the year, we expect a rebound in February. We don’t discount an upward...