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The Independent UK
The Independent UK
Sophie Wingate

Rachel Reeves admits Middle East conflict ‘certainly not good’ for economy

Rachel Reeves Economy Middle East Peter Mandelson Jeffrey Epstein Oil United Kingdom G7 the Strait of Hormuz

Rachel Reeves has stated that trade disruption resulting from the Middle East crisis is "certainly not good for the British economy".

The Chancellor indicated the government could be prepared to intervene on energy costs if the conflict spiralled.

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