‘Trumpflation’: how the Iran war’s economic storm could affect Britons

Trump tax to hit Brit consumers this summer. Illustration: Anaïs Mims/Guardian Design / Getty

Here we go again. For Britons it has been a rollercoaster few years and just as better times seemed ahead the country has been plunged into a fresh cost of living crisis.

The economic storm caused by war in the Middle East is already pushing up the cost of key household outgoings, including mortgage payments, energy bills and driving. There are warnings that the weekly shop will be next.