Day Headlines in Economy News: 2026-05-12
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US inflation jumps to 3.8% as energy costs surge from Iran war (BBC Economy 2026-05-12 18:36:58)
The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war. -
UK borrowing costs jump as uncertainty over PM's future continues (BBC Economy 2026-05-12 16:31:00)
The possibility of a change of leadership in the UK has unsettled some investors and sent bond yields higher. -
How is Keir Starmer getting on with his pledges to deliver change? (BBC Economy 2026-05-12 07:59:13)
At the end of 2024, Keir Starmer announced key government targets including on NHS waiting lists and building new homes, how is he getting on?