Retail sales stagnate in Britain in March; oil price jumps and airline shares fall after Israeli strike on Iran – business live

Rolling coverage of the latest economic and financial newsIsrael has carried out airstrikes on Iran, US officials sayWhat we know so far about Israel’s strike on IranAlthough European stock markets certainly aren’t in a full-blooded plunge, yet anyway, the main indices are all in the red – following losses across Asia overnight (see 7.21am).The European Stoxx 600 is at a one-month low, as investors fret about events in the Middle East.FTSE 100: -36 points or -0.46% at 7842 poin