27 resultsfor “how the Iran conflict affects households”
Iran, securing an end to the conflict has stalled with no clear end in sight. Households in Afghanistan, [Somalia](/gallery/2026/5/7/aid-cuts-drought-and-conflict-leave-somalis-desperate) and Sri Lanka are among the most seriously affected
Iran war could drive up unemployment, as the price shocks triggered by the conflict hit the already strained finances of households and businesses. In its half-yearly world economic outlook report last week
Iran war hit UK bills for the first time. On Wednesday, regulator Ofgem will publish details of its new price cap affecting millions of homes on variable tariffs in England, Scotland and Wales. Analysts predict
affected as much as feared by lenders withdrawing mortgage products and pushing up rates since the conflict in the Middle East began. The Bank of England voted to [keep interest rates on hold](https://www.theguardian.com
Iran on 28 February, risking a renewed inflation shock that has fuelled a sell-off in global debt markets – driving up borrowing costs for governments worldwide. The IMF [said on Tuesday](https://www.theguardian.com/business/2026/apr/14/iran-war-global-recession-imf-uk-growth-forecasts-oil-prices) that
Iran conflict. The chancellor will give a statement in the House of Commons on Thursday, outlining her latest plans for cushioning the blow to consumers from an expected rise in inflation later this year
affected by the conflict. The chancellor wanted this to be the year she could claim to have brought stability to the economy and public finances, with falling inflation and widely expected interest rate cuts restoring
conflict, many Australians – already grappling with high living costs – changed their spending habits. Beyond cutting back on driving, households are slicing deeper into their budgets, with some even forgoing healthcare. Here are four shifts
affected by the war next week. "The economy is growing strongly, and because of that growth we'll be able to do more to invest in our public services and to support families and businesses
Iran has closed in retaliation for the United States and Israel’s war, could lead to a global food “catastrophe”. India, Bangladesh, Sri Lanka, Somalia, Sudan, Tanzania, Kenya, and Egypt are among the countries most
affecting economies across the world and will do so even after it ends. The Iran war has only just begun to deliver its costs – costs that will be paid, as always, by nations that
affecting activity for businesses and consumers as badly as expected, despite [soaring oil and gas prices](https://www.theguardian.com/world/2026/apr/30/oil-price-news-highest-since-2022-us-iran-ceasefire-strait-of-hormuz) due to the closure of the strait of Hormuz. The GDP reading ties in with some
affect the market until next year. The shutdown of the channel, which allowed for the transport of about 20m barrels of oil a day before the crisis, has cut 14.4m barrels
conflict. Iran was already facing a multi-year drought and decline in precipitation, but the US-Israel war has added to the water woes after desalination plants, water pipelines and other civilian infrastructures were
households and businesses to soften the impact. However, bosses warned the damage from the Middle East conflict was steadily rising. A separate report from the Chartered Institute of Personnel and Development, the professional body
conflict in the Middle East hits the economy. Here are five key takeaways. Not that long ago, most economists were expecting interest rates to fall this year. The Iran war changed that. Although the Bank
household finances was down across all age groups, although young people were still more optimistic than older people, despite there being a 20% fall in those under 35 who feel financially healthy
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 by the lender Halifax
Iran-backed Houthis either. The growing frustration has also rekindled fears of unrest in a country still struggling to recover from more than a decade of conflict that has battered nearly every aspect of life
affects things like pay increases for workers and the amount of tax the government raises to pay for services. However, many analysts are concerned that the UK economy is not growing fast enough