4 In 5 Brits Fear Iran Conflict Will Send Food Prices Rising, Poll Finds |
4 In 5 Brits Fear Iran Conflict Will Send Food Prices Rising, Poll Finds
The Bank of England warned last month that food inflation could reach 7% this year.
Political Correspondent
Four in five people in the UK fear Donald Trump’s war in Iran will end up making food more expensive, according to a new poll.
Market research company Opinium found 80% of Brits think retailers will have to pass on impending cost increases to consumers as fuel prices climb.
A further 73% expect the conflict to push prices of other produce up, too.
It comes as Iran continues its blockade of the Strait of Hormuz – a major oil shipping lane – which began after the........