Uploaded August 2026 | Updated September 2026, 3 weeks ago
Analysis from the Centre for Economics and Business Research has calculated that knock-ons from the Iran war will will take £1,100 off the real income of the average UK household in 2026, and by a further £1,300 in 2027. Paul Brand asks his LBC listeners: Is it worth it?
03:58 Caller Emma says the war has put her family’s home renovation on hold as steel costs rise.
06:52 Caller Norma questions the focus on Iran’s cost, arguing the UK cannot afford its wider support for Ukraine either.
11:26 Caller Paul warns the war’s true economic cost will rise as global oil reserves are depleted.
12:55 Caller John argues confronting Iran is necessary to prevent a greater regional threat.
16:53 Caller Lorraine says her home-heating oil costs have tripled and calls the war a “disaster”.
22:45 Caller Geoffrey says soaring diesel prices mean he can no longer afford to visit family in Colchester.
26:26 Caller Andrea believes an oil-supply shortage could trigger major inflation, supply-chain disruption and food shortages.
Listen to the full show on the all-new LBC App: app.af.lbc.co.uk/btnc/thenewlbcapp
#uk #politics #iran #LBC
LBC is the home of live debate around news and current affairs in the UK.
Join in the conversation and listen at lbc.co.uk
Sign up to LBC’s weekly newsletter here: l-bc.co/signup
Analysis from the Centre for Economics and Business Research has calculated that knock-ons from the Iran war will will take £1,100 off the real income of the average UK household in 2026, and by a further £1,300 in 2027. Paul Brand asks his LBC listeners: Is it worth it?
03:58 Caller Emma says the war has put her family’s home renovation on hold as steel costs rise.
06:52 Caller Norma questions the focus on Iran’s cost, arguing the UK cannot afford its wider support for Ukraine either.
11:26 Caller Paul warns the war’s true economic cost will rise as global oil reserves are depleted.
12:55 Caller John argues confronting Iran is necessary to prevent a greater regional threat.
16:53 Caller Lorraine says her home-heating oil costs have tripled and calls the war a “disaster”.
22:45 Caller Geoffrey says soaring diesel prices mean he can no longer afford to visit family in Colchester.
26:26 Caller Andrea believes an oil-supply shortage could trigger major inflation, supply-chain disruption and food shortages.
Listen to the full show on the all-new LBC App: app.af.lbc.co.uk/btnc/thenewlbcapp
#uk #politics #iran #LBC
LBC is the home of live debate around news and current affairs in the UK.
Join in the conversation and listen at lbc.co.uk
Sign up to LBC’s weekly newsletter here: l-bc.co/signup
