England

Iran war could increase mortgage payments for 1.3m more families, says Bank of England

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Iran war could increase mortgage payments for 1.3m more families, says Bank of England

The US-Israel war against Iran could end up costing the monthly bills of more than one million UK households, the Bank of England has predicted, adding that the conflict has caused a “major supply chain crisis” in the global economy. Financial market turmoil over the Middle East conflict has caused banks to withdraw about 1,500 … Read more

Families affected by the most severe problems could be given funds provided by the courts in England

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Families affected by the most severe problems could be given funds provided by the courts in England

Families most affected by the impending energy crisis caused by the Iran war could be given cash grants from local councils, under plans being considered by UK ministers to cover the costs. As concerns grow about the impact of rising fuel and energy costs in response to the ongoing conflict in the Middle East, a … Read more