Households take £2,400 financial hit from Iran war

Households will have suffered a £2,400 financial hit, on average, from the Iran war by the end of 2027 according to new analysis by the Centre for Economics and Business Research (CEBR) calculating that there has been  jump in inflation since the conflict began, and weaker wage growth, will knock £1,100 off the real income…

Read more

70% of SMEs fear bankruptcy as Iran war hampers supply chains

UK SMEs trading internationally are facing a tipping point, with seven in ten warning they could be pushed into bankruptcy if disruption linked to the Iran war continues according to new research from SME funder Bibby Financial Services (BFS). The data reveals the growing financial toll of the conflict on UK importers and exporters, with…

Read more