US job creation smashes forecasts in May, fuelling rate hike bets; ‘no jet fuel shortage in Europe’ – as it happened

Rolling coverage of the latest economic and financial newsUK house prices fall for third successive month amid Iran war uncertaintyUK shoppers return to high street as warm weather brings respite from shadow of warAfter rising in recent months, global food commodity prices stabilised in May.The UN’s Food and Agriculture Organisation has reported that its Food Price Index was stable last month, showing that the cost of a basket of food commodities dipped by 0.2% in May. Continue reading...