British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit


Reuters | Updated: 29-04-2026 03:18 IST | Created: 29-04-2026 03:18 IST
British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit

British ​finance ​minister Rachel Reeves ‌said on ​Tuesday the government needs ‌to make targeted interventions to shield the economy from the ‌impact of the U.S.-Israel war ‌on Iran without a lasting effect on interest rates.

"The ⁠Chancellor ​was ⁠clear that the government needs ⁠to be responsive and responsible - learning ​the lessons of the previous ⁠government's response to the 2022 ⁠energy ​crisis," Downing Street said in a statement ⁠after a meeting of the ⁠Middle East ⁠Response Committee.

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