78 resultsfor “economic impact of Iran war on UK”
UK's economy grew faster than expected in March, despite the month seeing the first impact of the Iran war. The economy grew by 0.3% in the month, official figures show, confounding analysts' forecasts
economic fallout from the war. Reeves is expected to this week announce the next phase of support for British households and businesses to soften the impact. However, bosses warned the damage from the Middle East
impact on domestic bills. The start of the war in Iran pushed oil and gas prices sharply higher, though they did not reach the same levels as during the aftermath of Russia's invasion
Iran war weighing heavily on firms’ [confidence to make investment decisions](https://www.theguardian.com/business/2026/apr/23/uk-braces-for-price-rises-driven-by-iran-war-as-economic-confidence-plummets). Moreover, the widespread price rises will further pressure the [Bank of England](https://www.theguardian.com/business/bankofenglandgovernor) to raise interest rates – its main
impact of the Middle East conflict on the cost of living in the UK. Inflation is now expected to be higher this year due to the war and higher energy costs could also slow down
impact demand, as the bulk of their estate remains in city centre locations." Rising costs are clearly a concern for businesses and consumers. Pret's latest accounts, for 2024, show like-for-like sales were
Iran war as it forecasts rise in UK unemployment Lloyds has warned that the economic fallout from the Middle East conflict could cost it £151m amid rising unemployment and inflation and a slowdown
Iran talks show both sides are “speaking past each other”, warning pressure tactics such as Strait of Hormuz disruptions could deepen the conflict, damage the regional economy and harden tensions into a prolonged “frozen conflict
economic reasons for those tariffs. This is really politically against Germany,” Lange said. “He is targeting specifically German car manufacturers.” The European lawmaker’s remarks came just days after German Chancellor Friedrich Merz criticised
impact of the Middle East conflict. Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor
economic impact on western economies of a prolonged US-Iran conflict will be major subjects of discussion in Yerevan. Armenia shares a border with Iran, but unlike neighbouring Azerbaijan has not alleged Iranian missiles have
impact of the oil crisis? War in Iran and the closure of the strait of Hormuz, through which about a fifth of global oil and liquefied natural gas passes, have sent the oil price soaring
war on Iran has caused severe disruption for airlines, featuring widespread cancellations, airspace closures and a looming [jet fuel crisis](/news/2026/4/16/jet-fuel-shortage-why-iran-war-could-ground-flights-in-europe). “35 percent of pharmaceuticals move by air, and about 90 percent of critical
war price of below $60. A price of $100 per barrel means Russia is earning $490m per day just from oil sales despite sanctions. It is important to note that this is an average price
Iran war. Primarily, the rise in the yield – in effect the interest rate – on the UK’s long-term borrowing to the highest levels since 1998 reflects the impact of higher inflation on the UK
war in Iran ends, a minister has said. The closure of the strait of Hormuz, a key shipping lane that carried a fifth of global oil and gas, has sent oil prices soaring since
Iran war changed that. Although the Bank [held rates this month](https://www.bbc.co.uk/news/articles/cg7p89mp2rjo), it has signalled that rises could come later this year. Because of "uncertainty around the severity and duration" of the war
Iran war with the “largest quarterly growth figures … since 2022”. Soapbox figures released last week showed that exports from the EU to China fell 16.2% in February, with pork shipments notably in decline. Although China
Iran war adds to the pressure on Keir Starmer’s government, the National Institute of Economic and Social Research (Niesr) has warned. 3. ***Oil*** | The UAE has [quit the Opec oil cartel](https://www.theguardian.com/business/2026/apr/28/uae-quit-opec-oil-exporters-cartel-donald-trump)
economic growth by the number of people, using GDP per capita. That has been even slower in recent years, reflecting stagnant living standards. The latest figures were however the fastest for four years, since