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Britain’s response to the conflict in Iran is dominating Westminster – but is Keir Starmer really keeping the country out of war? After a tense Liaison Committee appearance exposed divisions over defence spending, pressure is also mounting on the government’s economic strategy. With energy prices rising, mortgage products disappearing and fears of inflation returning, how prepared is Labour for the fallout? James Heale speaks to Isabel Hardman and Michael Simmons.

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Should we brace for another financial shock?