UK Households Squeezed as Global Energy Storms and Council Tax Bombshells Converge

The Iran war's ripple effects are hitting British wallets from every angle — UK inflation climbed to 2.9% in July as rising energy costs drive the price cap higher, while a quiet council tax revolution threatens to add up to £800 a year for households in six English boroughs. The global energy shock that nobody at Westminster can control is meeting a localised fiscal squeeze that ministers literally authorised.

Trade Routes

• Iran: Ongoing conflict continues to...