{"id":91555,"date":"2026-03-03T17:30:06","date_gmt":"2026-03-03T12:00:06","guid":{"rendered":"https:\/\/newzquest.in\/spring-forecast-reeves-to-insist-she-has-right-economic-plan-markets-plunge-as-middle-east-crisis-drives-uk-gas-price-to-three-year-high-live-updates\/"},"modified":"2026-03-03T17:30:06","modified_gmt":"2026-03-03T12:00:06","slug":"spring-forecast-reeves-to-insist-she-has-right-economic-plan-markets-plunge-as-middle-east-crisis-drives-uk-gas-price-to-three-year-high-live-updates","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/spring-forecast-reeves-to-insist-she-has-right-economic-plan-markets-plunge-as-middle-east-crisis-drives-uk-gas-price-to-three-year-high-live-updates\/","title":{"rendered":"Spring forecast: Reeves to insist she has \u2018right economic plan\u2019; Markets plunge as Middle East crisis drives UK gas price to three-year high \u2013 live updates"},"content":{"rendered":"
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Spring forecast: Reeves to insist she has \u2018right economic plan\u2019; Markets plunge as Middle East crisis drives UK gas price to three-year high \u2013 live updates<\/div>\n
Chances of Bank of England interest rate cut this month have plunged, as Middle East crisis overshadows the UK\u2019s spring forecastRachel Reeves\u2019s plans could be hit by Middle East conflict, say economistsUK grocery price inflation has risen, showing that people are being hit in the pocket even before the surge in energy prices feeds through to the economy.Data provider Worldpanel by Numerator has reported that annual grocery inflation rose to 4.3% in February, after four consecutive months of falls, in a blow for households. That\u2019s up from 4% in January.Sentiment towards BP and Shell has strengthened significantly off the back of oil price spikes. But it\u2019s a complex picture. Neither company has production in Iran. But BP\u2019s significant production in Iraq and Abu Dhabi risks being bottlenecked through disruption to the Strait of Hormuz. For Shell the same applies to its LNG facilities in Qatar and the Emirates. If a moderate<\/div>\n
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N Shorts Spring forecast: Reeves to insist she has \u2018right economic plan\u2019; Markets plunge as Middle East crisis<\/p>","protected":false},"author":5,"featured_media":91556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-91555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-shorts-en"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\n\t\t