The longer the war in the Middle East continues, the more likely it is there will be economic damage in the UK, Sir Keir Starmer has warned.The Prime Minister insisted the economy was resilient and well placed to absorb the "likely impact" on households and businesses.He acknowledged people's concerns about the threat of rising bills in the wake of the US-Israeli assault on Iran and Tehran's reprisals against countries across the region.Oil prices have soared above 100 dollars a barrel for the f

The longer the war in the Middle East continues, the more likely it is there will be economic damage in the UK, Sir Keir Starmer has warned.The Prime Minister insisted the economy was resilient and well placed to absorb the "likely impact" on households and businesses.He acknowledged people's concerns about the threat of rising bills in the wake of the US-Israeli assault on Iran and Tehran's reprisals against countries across the region.Oil prices have soared above 100 dollars a barrel for the first time since 2022 in response to the crisis.