This is how the Iran war will impact the UK

Business

The economic consequences of the continued closure of the Strait of Hormuz could bite Britain hard enough to force Labour into public spending cuts, economist David Lubin has told the Daily Mail's Deep Dive podcast. Lubin, a senior research fellow at Chatham House and former head of emerging markets at Citi, argued that wealthy economies have yet to really feel the economic fallout of the Iran war, insulated so far by stockpile drawdowns, alternative pipeline routes and a global economy far