Oil prices plunge 14% after Donald Trump delays Iran strikes
Markets rebound as US pauses military action and signals progress in negotiations
Economy
Borrowing costs hit 2008 financial crisis levels as gilt surge puts 'pressure' on Rachel Reeves
Analysts are sounding the alarm of a spike in gilt yields, which is adding to the Chancellor's fiscal woes
UK borrowing costs jump to 'second highest on record' as Rachel Reeves faces 'challenges'
The Chancellor is attempting to bring down Government spending and encourage economic growth
