Iran is threatening a “full scale economic war”, says the Daily Mail. The British military is sending officers to the US to help negotiate how to “reopen the Strait of Hormuz”, says The Times. Downing Street has “refused to say” whether it will keep plans to double how long migrants must wait for permanent residence, says The Telegraph. There’s a “new row over weaker migrant plans”, says the Daily Express, amid claims of “leadership rivals”. The Federal Reserve plans cuts as Jay Powell warned it’s “too soon to know the scope and duration” of the Iran war’s economic impact, says the Financial Times.
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