Concerns Rise Over Iran Conflict's Impact on UK Food Prices
A new poll indicates that four in five Britons are worried about the potential for the Iran conflict to increase food prices. The research by Opinium found that 80% of respondents are concerned about rising grocery costs, with 73% expecting the conflict to affect other product prices. The blockade of the Strait of Hormuz has already led to increased oil and gas prices, impacting the global fertiliser industry and raising shipping and distribution costs. The British Retail Consortium (BRC) has called for government action to remove non-commodity energy costs for retailers, which constitute a significant portion of electricity bills. The situation is compounded by the ongoing cost of living crisis, with energy, petrol, and tax increases also contributing to consumer concerns. 
