41 resultsfor “economic impact of Iran war on UK”
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
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 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 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)
war will cause the biggest economic hit since the pandemic. Photograph: Sasan/Middle East Images/AFP/Getty Images Matt Swannell, the forecast group’s chief economic adviser, said: “Spiralling energy costs and disruption to supply chains will push
impact. Anthropic, which has so far [limited the release](https://www.theguardian.com/technology/2026/apr/08/anthropic-ai-cybersecurity-software) of the new model to a small clutch of primarily US businesses, including Amazon, Apple and Microsoft, said it would expand that
economic and political domination. “A global environment where primitive ferocity could flourish has been long in the making,” Agnes Callamard, the head of the global rights group, wrote in an annual report on the state
Economics Foundation thinktank, said: “We have an affordability crisis in the private rented sector, which dates back to before the pandemic. Other countries in western Europe already do this, and England used to from
war would hit the UK the hardest of the world's advanced economies, and cut its estimate for UK growth this year to 0.8% from its previous prediction of 1.3%. Jones said that while
UK, Australia and others have condemned the killings of UN peacekeepers in [Lebanon](https://www.theguardian.com/world/lebanon) and called for an end to hostilities.** “Australia, Brazil, Canada, Colombia, Indonesia, Japan, Jordan, Sierra Leone, Switzerland
economic trade going into and out of Iran by sea.” - **[Donald Trump](https://www.theguardian.com/us-news/donaldtrump) has said that talks with Iran could resume in Pakistan over the next two days, according to an interview with
impact on economically poorer countries. Iraq is not shipping or producing oil, which is normally responsible for 85% of revenues. Bangladesh, with significant household needs for gas for cooking, is cut off from Middle East
UK-France conference | International reaction | Airline fuel struggles | Points of contention** ### **Trump says Iran flailing economically** Despite Iran's refusal to attend negotiations this week, Trump says the country is in dire economic straits. "Iran
economically insecure voters. However, the Greens are on the rise in the north too, fresh from their win in the byelection for Gorton and Denton, on the outskirts of Manchester, in February. For Reform
economic drivers - the huge tolls it was demanding ships pay to pass through the Strait of Hormuz, and its oil revenue. The US president told Fox News that "we're not going to let Iran
impact of rampant inflation and a weakening currency. The Islamic Revolutionary Guard Corps (IRGC) accounted for about 50 percent of on-chain activity in the fourth quarter, mirroring its dominance in the country’s economy
impact of tariffs – thereby fragmenting opposition against him.  “No Kings” protesters in Washington, DC during nationwide demonstrations against Trump’s policies [Evelyn Hockstein/Reuters
UK business leaders have called on the government to build an EU-style “trade bazooka” to [protect Britain’s economic interests](https://www.theguardian.com/business/2026/apr/26/uk-urged-deploy-eu-style-trade-bazooka-trump-tariffs) in response to the latest tariff threats from Donald Trump