UK Studies Wider Ways to Help Economy on Iran, Starmer Says

Keir Starmer said he is looking at wider measures to support Britain’s economy through the Iran crisis as he prepares to chair an emergency meeting on the economic impact of the conflict.Author of the article:You can save this article by registering for free here. Or sign-in if you have an account.(Bloomberg) — Keir Starmer said he is looking at wider measures to support Britain’s economy through the Iran crisis as he prepares to chair an emergency meeting on the economic impact of the conflict.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.The UK prime minister is due to host Bank of England Governor Andrew Bailey, Chancellor of the Exchequer Rachel Reeves and Energy Secretary Ed Miliband among other top officials at the meeting — known as Cobra — later on Monday.“We will be looking at a wider set of measures for the economy and specific sectors within the economy,” Starmer told Parliament’s Liaison Committee. “Then the chancellor will come to Parliament tomorrow to announce the outcome.”With petrol prices rising at the pump and energy bills forecast to increase by 20% from July, Starmer has faced growing pressure to announce a support package to alleviate the inflationary effect of the conflict on ordinary Britons. To date, the government has rolled out a small package of support for households that use heating oil, while ministers have warned petrol retailers against profiteering. Starmer said there’s “no certainty” in the war ending swiftly.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.“The immediate priority has to be a swift resolution of the conflict,” Starmer said. “We mustn’t fall in to the sort of false comfort of thinking that there will necessarily be a quick and early end to this.”Starmer also:Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.365 Bloor Street East, Toronto, Ontario, M4W 3L4© 2026 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.You can manage saved articles in your account.and save up to 100 articles!You can manage your saved articles in your account and clicking the X located at the bottom right of the article.