In the UK, anxiety over the war after Iran’s missile strike on Israel will drive UK shares lower, report finds

An escalating Middle East conflict risks leading to higher oil prices, a reversal of the recent fall in inflation and a puncturing of the optimistic mood in financial markets, the International Monetary Fund has warned.

The Washington-based IMF said it was closely monitoring events in the region after Iran’s missile strike on Israel at the weekend and stressed the possibility that a war between the two countries could lead to higher interest rates.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

A-level results 2023: students in England, Wales and Northern Ireland receive grades – live

School leavers in the Channel Islands and the Isle of Man will…

Invest in green jobs in parts of Britain worst hit by pandemic, report urges

Green Alliance says 16,000 jobs could be created in areas facing most…

Yankees

Cleveland Indians, yankees vs indians

Number of households seeking help over energy debt legal action doubles

Suppliers increasingly opting to take customer to court to recover unpaid bills,…