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  The indirect ⁠effects of Iran war inflation are "likely to be largest for food prices".

• 'Outdated and unaffordable' triple lock should be scrapped, says Tony Blair Institute

  The pensions triple lock should be scrapped, Sir Tony Blair's thinktank has said.

• South East Water chairman resigns after scathing report

  South East Water (SEW) has announced the resignation of its chairman following a critical report.

• Bank of England sounds warning of interest rate hikes ahead

  Inflation could rise to 6.2% next year, with interest rates peaking at 5.25%, in the event of a prolonged energy shock with oil prices remaining above $130 a barrel, according to a worst-case scenario modelled by the Bank of England.