What does the Middle East conflict mean for your money?

In the past week, news headlines have been dominated by the conflict in the Middle East. It has pushed up oil and gas prices, and as such, concerns over our household finances in Britain. Georgie Frost, Lee Boyce and Helen Crane discuss what the conflict means for investors, mortgage rates, price at the petrol pumps and energy bills - is there anything you can realistically do to keep a lid on the potential for runaway inflation? With the potential for inflation to spike, does that spell the end of a 'nailed on' base rate cut and what are your rights if you have a holiday or flight booked which is hit by the disruption? We also saw the Chancellor deliver the Spring Statement on Tuesday - growth downgraded, unemployment up and predictions house prices will rise by more than £40,000 between now and 2031. But with events in the Middle East, are the OBR predictions wildly out-of-date already? There is now more than £1trillion held in tax-free Isas. With a month to go until the end of the tax-year, thee has been a number of top deals launched - but are they worth opening?

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What does the Middle East conflict mean for your money? is an episode from This is Money Podcast by Audioboom.

This episode is 45:31 long.

This episode was published on Mar 6, 2026.

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