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UK chancellor Rachel Reeves hits out at Iran war ‘folly’

Minister says she is ‘frustrated and angry’ with Donald Trump over economic damage caused by the conflict Grouped from 5 articles across 3 sources.

5 reports3 sourcesApr 14, 2026, 5:13 PM
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Financial TimesApr 14, 2026, 5:13 PM

UK chancellor Rachel Reeves hits out at Iran war ‘folly’

Minister says she is ‘frustrated and angry’ with Donald Trump over economic damage caused by the conflict

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The GuardianApr 14, 2026, 3:30 PM

Reeves condemns Trump’s decision to launch war against Iran as ‘folly’– UK politics live

Chancellor ‘frustrated and angry’ at the effect on UK firms and families and says US went into war without a clear exit plan Q: Why are you calling for an inquiry into Nigel Farage’s investment in a bitcoin firm ? Davey said that, in investing in crypto, Farage, the Reform UK leader, seemed to be copying Donald Trump. He said he thought MPs should be banned from promoting financial services or products. [Farage is] now promoting this business. The question is, is he persuading people to put money into a risky business? And the conclusion I draw from this example is that we need to change the rules for MPs. MPs should not be allowed to promote specific financial services or products in the way we’re seeing Nigel Farage doing. We need to get together as a country. The defence challenges for our country are so serious, with war on our continent for the first time for a long time, with Russia invading Ukraine, surely that’s been the wake up call that we needed. The government hasn’t gone as fast as it should have given those circumstances. Continue reading...

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The GuardianApr 14, 2026, 1:49 PM

Reeves hits out at ‘folly’ of US going to war without clear exit plan

Chancellor ‘frustrated and angry’ at decision to attack Iran ‘without being clear what the objectives are’ UK politics live – latest updates Middle East crisis – live updates Rachel Reeves has hit out at the “folly” of Donald Trump’s decision to go to war against Iran without a clear exit plan. Speaking to the Mirror before a trip to Washington for the International Monetary Fund spring meeting, the UK chancellor renewed her criticism of the war, which has pushed up oil prices and threatens a new jump in inflation across the west. Continue reading...

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CNBCApr 14, 2026, 3:17 PM

Iran war will hit UK growth the hardest of any rich economies, IMF says

The IMF said that the U.K. will be hardest hit out of all developed economies as a result of the Iran war.

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The GuardianApr 14, 2026, 5:01 AM

Holidays take a hit as UK cost of living fears and Iran war bite

Consumer spending on travel is down for the first time in five years while card spending edges up in March UK consumers have cut back on travel spending for the first time in five years, as they worry about the rising cost of living amid the Iran war. Overall consumer card spending increased 0.9% year on year in March, down from February’s 1%, according to data from Barclays. Continue reading...

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