• GDP: Facing headwinds from energy shock
• Inflation: Expected 2.6% in June, down from 2.8%
• Jobs: Rolls-Royce expansion may signal strength
• Consumer Confidence: Under threat from rising energy bills

The Checkup

The oil market is the UK economy's biggest headache this week. Brent crude surged 10% to $85/barrel as the Strait of Hormuz standoff escalated, threatening to undo the temporary relief from June's inflation dip. This comes just as Andy...