Trade disruption from Iran war ‘not good for the British economy’, Reeves says

Evening Standard

Rachel Reeves has said it is “certainly not good for the British economy to have trade disrupted” as a result of the Middle East crisis.The Chancellor indicated the Government could be prepared to intervene to help with energy costs if the conflict spiralled.

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00:00economy no no bright spots in it would you concur with those panelists was

00:04certainly not good for the British economy to have trade disrupted and

00:10especially when so much oil and gas comes from that part of the world but

00:16the best thing that we can do as a government is to seek to de-escalate

00:20this conflict as an economy we are in a stronger position than when I became

00:25Chancellor to respond to shocks like these and we are in a stronger position

00:30in many ways than when Russia illegally invaded Ukraine

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