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flag Reeves warns UK faces economic risks from Middle East war.

flag Chancellor Rachel Reeves has warned of "significant" economic challenges facing the UK if there is a war with Iran. flag She emphasized that an escalation in the Middle East would have severe implications for the global economy, specifically noting risks to oil prices. flag Reeves stated that these factors would likely drive inflation higher and make the Bank of England's job of controlling interest rates much more difficult.

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