Rolling coverage of the latest economic and financial newsBudget plans risk ‘second lost decade’ of living standards, Jeremy Hunt toldJeremy Hunt will try to talk a long game while scrambling to fund pre-election tax cutsThe oil price is rising, slightly, this morning after members of the Opec cartel agreed to extend their production cuts.OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter of 2024. Continue reading...