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Iran war to push 100,000 Britons out of work within months​

Eir Nolsoe
Mon, 16 March 2026 at 2:34 PM SGT
4 min read
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An oil tanker burns after being hit by an Iranian strike

Iran war will exacerbate UK’s jobs crisis, experts predict - AP
More than 100,000 Britons risk being pushed out of work within months, as experts predict the UK’s jobs crisis will be exacerbated by Donald Trump’s war in Iran.

Economists have warned that the UK’s unemployment rate will peak at a higher level in coming months because turmoil in the Middle East will force the Bank of England to delay interest rate cuts.

James Smith at ING, the investment bank, said that, if the conflict persists, employers would seek to offset rising energy costs by cutting their workforce or freezing hiring.
 
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