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News & Current Events Apr 2, 2026 at 11:18 AM

UK firms expect to raise prices more quickly as Iran war pushes up costs

Posted by RisingRusherff


UK firms expect to raise prices more quickly as Iran war pushes up costs
the Guardian
UK firms expect to raise prices more quickly as Iran war pushes up costs
Bank of England survey in March shows chief financial officers foresee 3.7% increase over coming year

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Sometimes-funny Apr 2, 2026 +8
Iran invasion*
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MightBe465 Apr 2, 2026 +1
No that's just when the "adversaries" do it. Edit: Well, I case even then it'd still be called the "US-Israel Bombing Campaign in Iran," unless the US actually has soldiers there.
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windingsand Apr 2, 2026 +10
Reminder that prices won’t go down after the situation is resolved. Wages also will not go up. Companies around the world love this, shareholders are happy.
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RisingRusherff Apr 2, 2026 +2
Companies in the UK expect to raise their prices more rapidly over the coming months as the war in the Middle East drives up costs, Bank of England research shows. The Bank’s regular survey of more than 2,000 chief financial officers conducted last month, after the Iran conflict began, shows they now expect to raise their prices by 3.7% over the coming year. That was a rise from 3.4% in February, while the bosses’ expectation of inflation across the economy has risen from 3% to 3.5%.
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