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52 resultsfor “UK price forecast after Iran war”

Business

UK house price growth forecast halved as Iran war fallout hits housing market

UK house price growth forecast halved as Iran war fallout hits housing market UK house

The Guardian WorldMay 8
Business

What is happening to UK prices?

forecasts published alongside Chancellor Rachel Reeves' Spring Statement on 3 March. But those predictions were made before the Iran war. In April, the Bank of England warned that UK inflation could go as high

BBC NewsMay 20
Business

UK growth forecast upgraded by IMF but risks remain

Iran war among the world's advanced economies.](https://www.bbc.co.uk/news/articles/c3v670qwz97o) In its latest forecast, it said the UK "remained resilient" but added a prolonged conflict in the Middle East risked hitting growth and resulting

BBC NewsMay 18
Business

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

prices soaring, will cause the biggest economic hit since the Covid pandemic, according to the EY Item Club, an economic forecast group. A separate report by Deloitte found finance bosses at big UK businesses were

The Guardian WorldApr 20
Business

UK shoppers return to high street as warm weather brings respite from shadow of war

war on Iran. This week, the OECD predicted economic growth of 0.9% in the UK this year – a modest upgrade from the 0.7% it feared in March when it last updated its forecasts. However, [unemployment

The Guardian WorldJun 5
Business

UK house prices fall for third successive month amid Iran war uncertainty

war in Iran affected affordability and homebuyer demand. The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded

The Guardian WorldJun 5
Politics

Ministers urged to act as households in Great Britain face energy bill ‘anxiety’

war caused the UK’s gas market price to double earlier this year, [according to market experts](https://www.theguardian.com/money/2026/may/19/energy-bills-rise-july-gas-electricity-prices-cap-great-britain-iran-war) at the consultancy Cornwall Insight. They warned that the quarterly price cap is likely

The Guardian WorldMay 25
Business

UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

Iran war began on 28 February, making this the first full month of official data to show how employers responded to rising energy costs, as global oil and gas prices have risen sharply

The Guardian WorldMay 19
Business

Energy bills will rise by £200 in July to nearly £1,900 a year, forecast says

forecast to reach £1,850 a year from July under the industry regulator Ofgem’s quarterly price cap, according to analysis by the energy consultancy Cornwall Insight. The expected rise is nearly 13% higher than

The Guardian WorldMay 19
Business

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

war continues Interest rates are expected to be held at 3.75% by the Bank of England, with uncertainty dominating the UK and global economies. Analysts are widely predicting the benchmark rate will be left unchanged

BBC NewsApr 29
Business

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

Iran war, the chancellor, [Rachel Reeves, has said that “nothing is off the table”](https://www.theguardian.com/politics/2026/mar/11/nothing-off-the-table-as-rachel-reeves-considers-targeted-support-over-energy-costs) as the government considers options to provide a targeted and temporary support package. However, Britain’s oldest independent

The Guardian WorldApr 28
Business

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

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 how to limit the economic impact

The Guardian WorldApr 19
Politics

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

forecasts, for long-term security," he said. At the start of the war, Iran had uranium enriched to 60%, according to senior US officials. It does not have nuclear weapons. The UK government has said

BBC NewsApr 14
Business

UK house prices fall for first time this year amid rising mortgage rates

war in Iran hurt homebuyer demand. The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide. The typical house price was 1.7% higher than

The Guardian WorldJun 1
Business

Squeals of horror over price caps – but how are we going to fix our broken food system?

Iran war and a forecast record-breaking El Niño, which will hammer global food production. And secondly, Britain’s food system is painfully exposed to such shocks. The long-held assumption that a global food

The Guardian WorldMay 24
Business

Iran war impact to hit household energy bills for the first time

Iran. However the cap from July to September will reflect the 25% increase in the global price of gas caused by the war, particularly the effective closure of the Strait of Hormuz. The wholesale price

BBC NewsMay 26
Business

UK economy records surprise 0.3% growth in first month of the Iran war

UK economy unexpectedly grew during the first full month of the Iran war, according to official figures, suggesting the Middle East conflict has not yet affected growth as much as feared. Figures from the Office

The Guardian WorldMay 14
Business

UK economy grew faster than expected in March

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

BBC NewsMay 14
Business

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

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

The Guardian WorldApr 29
Politics

Trump warns US-UK trade deal ‘can always be changed’ with relations in ‘sad state’

UK’s policies on energy and immigration and defended himself for wading into other countries’ domestic politics. “I like Starmer but I think he’s made a tragic mistake in closing the North

The Guardian WorldApr 15
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