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Politics · 10 March 2026

80% of UK consumers fear Middle East war will raise prices

80% of UK consumers fear Middle East war will raise prices

A Barclays survey found that around 80% of UK consumers are concerned the Middle East conflict will push up inflation and energy costs, with nearly half already adjusting their spending. Economists warned the UK could move toward stagflation if energy costs remain elevated while growth weakens. UK growth forecasts have been downgraded amid ongoing economic uncertainty.

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