UK Chancellor to Unveil Crackdown on Firms Exploiting Iran War Amid Price Surge
UK Prime Minister Keir Starmer called an emergency meeting to address the economic fallout from the Iran war, with Chancellor Reeves now set to outline plans for a crackdown on firms accused of profiteering amid surging prices.
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Starmer says ‘every lever’ will be explored to ease rising costs of living from Iran conflict
PM will chair Cobra meeting with key ministers and Bank of England on Monday, as experts warn of economic shock UK politics live – latest updates Middle East crisis – live updates Keir Starmer has promised to look at using “every lever that’s available to the government” to help with the cost of living impacts of the US-Israel war against Iran, ahead of an emergency meeting with senior ministers later on Monday. The prime minister is to chair a meeting of the Cobra committee on Monday afte...
By Peter Walker Senior political correspondent
Read full article →Politics live: Reeves to unveil crackdown on ‘profiteering’ firms exploiting Iran war amid surge in prices
The chancellor will outline her plans in a statement to MPs on Tuesday after an emergency Cobra meeting with Sir Keir Starmer
By Bryony Gooch
Read full article →Starmer calls emergency meeting on economy as Iran war risks mount
Prime Minister Keir Starmer summoned a national emergency meeting on Mondayto deal with the economic fallout from the escalating war in Iran, as Britain’s government borrowing costs surged to their highest level since the global crisis of 2008. The storm in financial markets intensified in early trade this week after Iran said it would strike […]
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