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News · 13 April 2026

Iran War Could Add £500 to UK Energy Bills

Iran War Could Add £500 to UK Energy Bills

Photo by Richard Bell on Unsplash

The Resolution Foundation warns UK families could face energy bills rising by up to £500 this year, as the US-Israel war on Iran drives global oil and gas prices higher. Earlier forecasts for income growth among working-age households are now at risk. Business confidence has also fallen sharply, adding to concerns about a wider cost-of-living squeeze.

Reported by Financial Post · How we write briefs

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