Darren Jones on potential food and fuel shortages resulting from the Iran war:
“Our best guess is eight plus months from the point of resolution that you’ll see economic impacts coming through the system… So people will see higher energy prices, food prices […] flight ticket prices as a consequence of what Donald Trump has done in the Middle East.”
He added “we are doing everything we can” to prevent draught beer shortages during the World Cup…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”