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The Guardian - UK
The Guardian - UK
World
Rowena Mason, Heather Stewart, Gwyn Topham and Jessica Elgot

Anger grows among UK ministers amid fears Iran war could jeopardise Britain’s fragile finances

Cargo ships in the sea
The UK has authorised the use of British military bases to strike Iranian missile launchers targeting cargo ships in the strait of Hormuz. Photograph: Reuters

Donald Trump has branded the UK and other Nato allies “cowards” as anger grows among cabinet ministers that his war in Iran could jeopardise Britain’s fragile finances.

Senior members of the UK government are in despair about the potential effects on the economy, with experts warning of higher energy prices and increased mortgage and borrowing costs.

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