LONDON, March 21 (Reuters) - British Prime Minister Keir Starmer will next week convene an emergency meeting of senior ministers and Bank of England Governor Andrew Bailey to discuss plans to help
UK PM Convenes Emergency Meeting on Iran War’s Impact on Cost of Living
Government Response to Cost of Living Crisis
Emergency Meeting Announcement
LONDON, March 21 (Reuters) - British Prime Minister Keir Starmer will next week convene an emergency meeting of senior ministers and Bank of England Governor Andrew Bailey to discuss plans to help households with the soaring cost of living caused by the war in Iran, the Times reported on Saturday.
Official Responses
A spokesperson for Starmer's office and one for the Bank of England declined to comment on the report.
Economic Impact of the Iran Conflict
Rising Costs for UK Consumers
Starmer is under pressure to assist UK consumers after the U.S.-Israeli war on Iran drove up petrol, energy and mortgage costs.
Government Promises and Support Packages
Support for Working People
On Monday, he promised to support "working people" with cost-of-living pressures worsened by the conflict.
Financial Aid for Vulnerable Households
As a start the government said it will provide a 53-million-pound ($70 million) package to help the most vulnerable households cope with the rising cost of heating oil.
(Reporting by James Davey; Editing by Kirsten Donovan)
