🔺️🔻The energy and transportation bills of British households have increased by nearly £10 billion due to the war against Iran The Independent newspaper: 🔹️The U.S. war against Iran has dealt a heavy financial blow to British families, with each household expected to see a £2,400 reduction in purchasing power over the next two years. 🔹️Rising energy bills, gasoline, and food prices have directly pressured household budgets. 🔹️The central bank has been forced to stabilize interest rates and even consider possible increases due to inflation, which has a dampening effect on the economy. 🔹️For each week the war continues, British consumers are paying an additional £190 million, and so far £9.8 billion has been added to household energy and transportation bills. 🔹️Disruptions in the Strait of Hormuz and the blockage of 20% of the world's oil and natural gas shipments have created the largest energy shock in modern history. As long as energy markets remain unsettled, the economic pressure on British families will continue. ▫️Journalists' Club
Translated regional report
The energy and transportation bills of British households have increased by…
Automated translation and editorial curation by Middle East CatchSite publication
Original report: Akharin KhabarOriginal publication Editorial policy
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