Starmer to consider options over Iran cost-of-living concerns
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UK Prime Minister Sir Keir Starmer is considering options to address cost-of-living concerns caused by the Iran war. The UK government will hold an emergency Cobra committee meeting to discuss energy security and the economic impact of the crisis on families.
The UK government is looking at options to deal with cost-of-living pressures caused by the Iran war. Sir Keir Starmer will chair an emergency Cobra committee meeting attended by senior ministers and the Bank of England governor. The meeting will discuss energy security and the economic impact of the crisis on families. The UK has already outlined a £53m package for homes struggling with a sharp increase in heating oil prices. The crisis was sparked by the US and Israel attacking Iran, which has blocked the Strait of Hormuz, a vital oil shipping channel. US President Donald Trump has postponed military strikes against Iranian energy infrastructure for five days following productive talks with Iran.
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