Inflation – War Watch

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Labour has weapons in its arsenal to cushion the poorest from Iran war economic fallout | Heather Stewart
ByHeather Stewart March 15, 2026

Timely end of two-child limit plus a healthy uptick in universal credit signals ‘lifechanging’ boost to Britons most exposed to ‘Trumpflation’It doesn’t involve warships, drones or strategic oil stocks, but one of Labour’s most potent weapons for conta…

Read More Labour has weapons in its arsenal to cushion the poorest from Iran war economic fallout | Heather Stewart
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How high could oil go, and what might the global economic fallout be?
ByRichard Partington Senior economics correspondent March 9, 2026

There is talk of crude surpassing its record high of 2008 with potentially dire effects for consumers and businessesFears over the global economy have been stoked by the oil price soaring past $100 a barrel as a result on the US-Israel war with Iran.Ec…

Read More How high could oil go, and what might the global economic fallout be?
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Iran war pushes oil price above $90 threatening rise in global inflation
ByGraeme Wearden and Jillian Ambrose March 6, 2026

Reports Kuwait was cutting output pushed up cost of barrel of Brent crude to highest weekly gain since Covid pandemic beganThe Iran conflict has driven the oil price past $90 a barrel to its highest weekly gains since the Covid-19 pandemic six years ag…

Read More Iran war pushes oil price above $90 threatening rise in global inflation
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HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis
ByRupert Jones March 5, 2026March 5, 2026

Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage dea…

Read More HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis
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‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
ByJoanna Partridge March 5, 2026

Iranian blockade of the strategic strait of Hormuz is hitting global fertiliser supply chainThe global fertiliser supply chain could face significant disruption if the effective closure by Iran of the strait of Hormuz persists, prompting concerns from …

Read More ‘A big burden for farmers’: Gulf shipping crisis threatens food price shock
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UK borrowing costs jump again on fears Iran conflict will curb growth
ByPhillip Inman March 3, 2026

Investors suspect rising oil and gas costs will stoke inflation and delay cuts in interest ratesUK borrowing costs jumped for a second day on Tuesday as the potentially damaging effects of the Iran conflict spooked investors concerned that growth will …

Read More UK borrowing costs jump again on fears Iran conflict will curb growth