Unlucky chancellor? Iran shock hits Reeves just as UK seemed to turn corner

The economy and public finances were on the right path, bond yields were falling, interest rates likely to drop further … then came the US-Israeli attack Donald Trump’s war on Iran is “folly”; shadow chancellor Mel Stride should be “lined up for the sack”; and the Liberal Democrat Daisy Cooper’s plan for managing fuel shortages is “fundamentally economically illiterate”. Rachel Reeves has always relished a political fight, but in recent days she has been swinging at her opponents with what lo...

By Heather Stewart Economics editor