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59 resultsfor “UK economic impact of Iran war”

Business

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

impact of Iran war on UK economy The bosses of Britain’s “big five” retail banks have been summoned to a meeting with the chancellor, [Rachel Reeves](https://www.theguardian.com/politics/rachel-reeves), this week to discuss

The Guardian WorldApr 19
Business

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns Britain is facing a £35bn economic

The Guardian WorldApr 28
Business

What's happening to the UK economy and how does it affect you?

UK economy is not growing fast enough, and are worried about the negative impact of the US-Israeli war with Iran. GDP stands for gross domestic product, which is a measure of all the economic

BBC NewsApr 16
Business

Bank of England boss tells BBC he won't rush interest rate rises

UK chancellor Rachel Reeves voiced outspoken criticism](https://www.bbc.co.uk/news/articles/cr5110n2l3mo) of the war on Iran, pointing to rising prices and the impact on growth, in a media interview on the sidelines of the IMF meeting

BBC NewsApr 15
Politics

US war on Iran was a 'mistake', says Reeves

war without a clear exit plan, without a clear idea of what they were trying to achieve". Asked why, she told the paper it was because of the economic impact on UK families and businesses

BBC NewsApr 15
Politics

How the Iran war is hitting the UK

war in Iran means on a human level and what the economic and political fallout may be. For Iranians living in the UK, there is a whole other level of worry. Omid Habibinia

Al Jazeera EnglishApr 29
Business

UK braces for price rises driven by Iran war as economic confidence plummets

UK economy has fallen sharply amid the mounting economic fallout from the Iran war, surveys show, as businesses prepare to raise their prices and consumers brace for a fresh cost of living shock. Highlighting

The Guardian WorldApr 23
Business

NatWest faces £140m hit from Iran war as UK growth slows and inflation rises

Iran war as UK growth slows and inflation rises NatWest said the economic fallout from the conflict in the Middle East could cost it £140m amid slowing growth and rising inflation even as it reported

The Guardian WorldMay 1
Politics

Rachel Reeves’s fiscal rules buffer should be ‘significantly larger’, say peers

impact of the Iran war. But the Lords economic affairs committee says Reeves should aim to raise it more, and complains that she and her recent predecessors have tended to allow themselves too little room

The Guardian WorldApr 28
Business

Reeves arrives at IMF with little leeway to prove its UK downgrade wrong

Iran war is bad news for the global economy. But for some countries, the unfolding conflict is having a bigger impact than for others. The [International Monetary Fund’s verdict](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices) is that

The Guardian WorldApr 14
Politics

The Papers: 'UK economy takes triple hit' and 'Cheers, Timmy!'

war with Iran is a "folly", affecting families in the US, the UK and around the world. [The Guardian](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices) says Reeves' comments were sparked by the IMF's forecast that

BBC NewsApr 15
Business

Interest rates expected to be held as uncertainty over Iran war continues

impact on borrowers and savers, as well as the investment and hiring decisions of businesses. Upheaval created by the war in Iran has pushed up the cost of mortgages for homeowners getting a new fixed

BBC NewsApr 29
Politics

Thursday briefing: ​Why the US president is losing support from crucial allies

UK](https://i.guim.co.uk/img/media/85c3fd87fb4e9d094c2d9e63d7cceb330937e325/650_0_5615_4492/master/5615.jpg?width=445&dpr=1&s=none&crop=none) Donald Trump’s war on Iran is having a big impact on prices globally. Photograph: Kirsty Wigglesworth/AP Donald Trump is an unpopular US president. In the wake of the US-Israel

The Guardian WorldApr 23
Politics

Starmer will not be swayed by Trump’s ‘small and petty’ insults, says Lammy

economic impact of the war, and that Vance himself was concerned about the cost of living in the run-up to the US midterm elections. On Sunday, Trump announced US negotiators would head to Pakistan

The Guardian WorldApr 19
Politics

'Bit of pain' worth long-term security from Iran, Bessent tells BBC

impact on consumers would be less severe. Oil has risen close to $120 during the Iran conflict but has since fallen back, although it remains above pre-war levels, and [on Tuesday, a barrel

BBC NewsApr 14
Business

UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years

UK unexpectedly fell in the three months to February, according to official figures – but the fallout from the conflict in the Middle East is expected to cause a rise in job cuts. The Office

The Guardian WorldApr 21
Business

Economic shock from Iran war risks driving up global debt levels, says IMF

economic growth. After a rise in gross government debt levels to almost 94% of GDP last year, it warned this figure was on track to reach 100% by 2029, a level previously reached only

The Guardian WorldApr 15
Business

Reinstate windfall tax on banks after surge in profits, TUC urges

Iran war. The Trades Union Congress (TUC) renewed its call for an increase in the current bank surcharge, which was reduced from 8% to 3% of profits above £100m by the Conservative government

The Guardian WorldMay 5
Business

Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS

economic cycle, because if you’re operating a more vulnerable business model, your, incentive structure changes, if the market becomes weak.” Barclays also set aside a further £105m for compensating customers in the UK

The Guardian WorldApr 28
Business

More big energy users to get help as support plan expanded

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

BBC NewsApr 15
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