UK households will take £2,400 financial hit from Iran war, analysis shows

Centre for Economics and Business Research calculates effect of inflation and wage stagnation to end of 2027 UK households will have suffered a £2,400 financial hit, on average, from the Iran war by the end of 2027, new analysis shows. The Centre for Economics and Business Research (CEBR) has calculated that the jump in inflation since the conflict began, and weaker wage growth, will knock £1,100 off the real income of the average UK household in 2026, and by a further £1,300 in 2027. Continue reading...