How will war in the Middle East affect your finances?
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<p>The surge in energy prices could fuel higher inflation and raise interest rates, threatening a new UK cost of living crisis</p><ul><li><p><a href="https://www.theguardian.com/business/2026/mar/04/war-in-middle-east-could-wipe-out-growth-in-uk-living-standards">War in Middle East ‘could wipe out growth in UK living standards’</a></p></li></ul><p></p><p>The war in the Middle East is thousands of miles away, but gyrati
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Analysis How will war in the Middle East affect your finances? Zoe Wood and Rupert Jones The surge in energy prices could fuel higher inflation and raise interest rates, threatening a new UK cost of living crisis War in Middle East ‘could wipe out growth in UK living standards’ The war in the Middle East is thousands of miles away, but gyrations in financial markets and surging energy prices threaten a new cost of living crisis in the UK. Here’s how it could affect your finances. Explore more on these topics UK cost of living crisis US-Israel war on Iran Financial sector Inflation Interest rates Economics Petrol prices analysis Share Reuse this content
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