The chancellor's criticism follows a report that the conflict will hit the UK harder than other big economies.
US Treasury Secretary said a "small bit of economic pain" was worth it to eliminate the threat of Iranian strikes on Western capitals.
Michelle Fleury explains the factors to watch in the economy after President Trump’s tariff announcements.
Stephanos Constantinou says soaring potato prices is the latest issue facing a struggling industry.
A recession means the UK economy has shrunk for two three-month periods - or quarters - in a row.
The UK economy picked up in January, raising hopes it could be on its way out of recession.
But Labour's shadow chancellor says there will be an "initial injection of cash" into public services.
Bank of England governor Andrew Bailey tells MPs the UK's economic downturn is "very small".
People spending less helped drive the UK economy to shrink by more than expected at the end of last year.
