Independent Geopolitical Research and Strategic Analysis Platform
May 8 • 11 tweets • 4 min read
🇪🇺 Europe fells the fallout
As the Middle East crisis continues - major European economies are already experiencing visible pressure through energy costs, trade disruptions and economic uncertainty.
🧵 This thread breaks down country by country effects across Europe
🇬🇧United Kingdom
- 200,000 additional UK households could be pushed into the poverty line due to rising energy, fuel and food costs. Source: National Institute of Economic and Social Research
- Average working age British household projected to be £480 worse off this year.