Politique·25/04/2026Résumé IA Rachel Reeves battles on multiple fronts as Middle East war threatens UK economic recovery
Chancellor Rachel Reeves is fighting on multiple fronts against critics of her economic stewardship as the Middle East conflict threatens to derail the UK economic recovery she says was underway. Reeves has labelled Trump's war on Iran 'folly' and attacked Conservative opponents, while her team insists the economy was improving before the latest shock. Official data showing 0.5% growth in February and borrowing down £20bn support her case, but oil prices at $100/barrel and potential interest rate rises could wipe out much of her fiscal headroom. An Iran Board meets twice weekly at the Treasury to discuss emergency measures.