00:01Rising energy prices linked to the Iran conflict are expected to push up costs for households
00:06and businesses across the UK. The International Monetary Fund says economic growth will be
00:12slower than previously forecast, with higher bills likely to weigh on spending and jobs.
00:18It warns that inflation could rise again before easing, while interest rates may stay higher
00:23for longer. The government says the country remains resilient, but opposition parties
00:29argue more support is needed. Economists say the outlook depends on how long the conflict
00:35continues, with prolonged disruption risking wider impacts on fuel prices, food costs and
00:41everyday essentials for families and businesses.
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