UK Inflation to Rise Amid Middle East Conflict, BCC Warns
The British Chambers of Commerce warns UK inflation will exceed expectations in 2026 due to Middle East conflict pushing up energy prices, with slower growth and rising unemployment forecast.
Category : Economy
Reeves' Inflation U-Turn Sparks Commons Chaos and Criticism
Chancellor Rachel Reeves faces backlash after revising inflation forecasts, with Treasury minister Torsten Bell's distracting behaviour undermining her authority during a heated Commons session on economic policy.
Trump's Iran War Sends UK Economy Reeling as Energy Prices Soar
The escalating conflict in Iran under President Trump has triggered a surge in global energy prices, with the UK facing immediate economic consequences including rising fuel costs, falling markets, and renewed inflation pressures.
State Tax Refund Delays: Budget Cuts Extend Wait Times
Taxpayers in states like Idaho, Oregon, South Carolina, and Washington DC face extended refund delays due to budget cuts and legislative adjustments, with some waits up to six months.
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Oil Price Surge Threatens Global Economy in Conflict Fallout
Economists warn that soaring oil prices above $100 a barrel, driven by the US-Israel war with Iran, could trigger inflation shocks and recession risks worldwide.
Reeves: Iran War Puts Upward Pressure on Inflation
Chancellor Rachel Reeves warns the Iran conflict will likely increase inflation, supports coordinated oil reserve release, and orders watchdog to monitor fuel prices to prevent profiteering.
UK Inflation to Rise from Middle East War, Reeves Says
Chancellor Rachel Reeves warns that the US-Iran conflict could drive up UK inflation, with oil prices surging past $100 a barrel. The Treasury is prepared to intervene to support families.
UK Households Hit by Economic Fallout from Trump's Iran War
As Donald Trump's military actions against Iran escalate, UK households face soaring petrol prices, rising mortgage costs, and renewed inflation pressures that threaten to derail economic recovery.
Reeves Warns of Inflation Spike from Middle East Conflict
Chancellor Rachel Reeves warns that escalating Middle East tensions could drive up fuel prices and inflation, urging action to mitigate cost-of-living impacts in the UK.
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Reeves: Iran Conflict Poses Upward Inflation Pressure
Chancellor Rachel Reeves warns the Iran conflict may drive inflation higher, supports coordinated oil reserve release and monitors fuel prices to prevent profiteering.
Reeves: Iran Conflict Puts Upward Pressure on UK Inflation
Chancellor Rachel Reeves warns the Iran conflict may drive inflation higher, supports coordinated oil reserve release and Strait of Hormuz security measures.
Rachel Reeves Warns Iran War Could Drive Up Inflation
Shadow Chancellor Rachel Reeves cautions that escalating tensions with Iran could exacerbate inflation, urging government action to protect UK households from economic fallout.
Mortgage Rates Rise Amid Iran War Inflation Concerns
Mortgage lenders are hiking rates due to the escalating Iran conflict, which has disrupted energy markets and delayed Bank of England interest rate cuts, impacting borrowers.
Middle East Crisis Could Hike Energy Bills and Mortgage Rates
Business editor Karl Matchett explains how escalating Middle East tensions could drive up oil prices, impacting UK inflation, energy caps, and Bank of England interest rate decisions.
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Middle East War's Financial Impact on UK Households
The conflict in the Middle East is disrupting oil and gas supplies, pushing up energy bills, petrol prices, and inflation, with potential effects on mortgages and shop costs across the UK.
UK Businesses Face Price Tsunami from Trump's Iran War
UK pubs, hotels, and small businesses face crippling energy price hikes as Trump's Iran conflict disrupts oil and gas supplies, threatening a new economic crisis.
Five Tax Code Changes to Boost Your Refund This Season
The 'One Big Beautiful Bill Act' signed by President Trump in 2025 introduces retroactive tax breaks for individuals, including increased deductions for state taxes, tips, overtime, US-made cars, and seniors.
HMRC Reminds of £1,200 Savings Bonus for Universal Credit
HMRC has issued a reminder about the Help to Save scheme, offering up to £1,200 in government bonuses for eligible Universal Credit claimants over four years.
Middle East War Could Force Bank of England to Hike Interest Rates
The escalating conflict in the Middle East is fuelling fears of rising energy costs and inflation in the UK, potentially compelling the Bank of England to halt rate cuts or increase interest rates, impacting mortgages and savings.
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Starmer Warns Iran War Threatens UK Economy as Oil Prices Soar
Prime Minister Keir Starmer warns the Middle East conflict poses economic risks to the UK, with oil prices exceeding $100 a barrel and inflation concerns rising.
Middle East War: How It Affects Your Finances in the UK
The escalating conflict in the Middle East is disrupting global oil and gas supplies, pushing energy bills and petrol prices higher while threatening inflation and mortgage rate increases across Britain.
Starmer Warns of Economic Fallout from Iran Conflict
Prime Minister Keir Starmer acknowledges public anxiety over rising costs as Middle East tensions push oil above $100 a barrel, threatening UK inflation and interest rates.
Iran War Could Send UK Fuel Prices Soaring to 180p
The Middle East conflict has triggered a surge in oil prices, pushing UK fuel costs toward 180p per litre and increasing mortgage rates. Chancellor Rachel Reeves is attending emergency G7 talks to address the economic fallout.
Iran War Impact: UK Faces Higher Bills and Economic Turmoil
The escalating conflict between Iran and US-Israel forces is set to hit British households hard, with predictions of record petrol prices, rising energy bills, increased mortgage costs, and pricier holidays due to market instability.
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Starmer Warns of UK Economic Risks from Iran Conflict
Prime Minister Keir Starmer acknowledges public concerns over rising costs as oil prices surge above $100 a barrel due to Middle East tensions, while insisting the UK economy remains resilient.
Starmer Warns of UK Economic Impact from Iran War
Prime Minister Keir Starmer acknowledges concerns over rising costs as Middle East conflict drives oil prices above $100 a barrel and FTSE 100 falls sharply.
Starmer Warns UK Economy at Risk from Middle East War
Prime Minister Keir Starmer cautions that the ongoing US-Israeli conflict with Iran threatens the UK economy, citing potential impacts on households and businesses as the war enters its second week.
Starmer Pledges Protection from Iran War Economic Fallout
Sir Keir Starmer commits to safeguarding Britons from the economic consequences of the Middle East conflict, as oil prices surge past $100 a barrel and markets react sharply.
Martin Lewis: April 5 Pension Deadline for 40-73 Year Olds
Financial expert Martin Lewis warns people aged 40-73 must check National Insurance records by April 5 to potentially boost state pensions by thousands. Missing the deadline closes the opportunity forever.
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Middle East War Fuels Oil Price Surge and Stock Market Turmoil
Asian markets plummet as the Middle East conflict drives oil prices above $115 a barrel, raising stagflation risks and threatening global economic growth with inflation and interest rate hikes.
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