Effects of a higher Oil price
The 1973 Oil crisis where oil rose from $2 per barrel to $4 was a direct result of US / Israel aggression with the neighbouring Arab nations.
6½m new homes are needed in the UK
Stepping up to this challenge, Labour has promised £39b to be spent building 1½m new homes over the next 10 years. Yet, in 2025 only 2,260 council houses
Interest payments on UK debt continue to rise
If this crisis continues, inflation will cause UKG to have to rethink spending or tax increases. Whilst we are told the UK debt pile is manageable.