Iran War ‘could see UK grocery bills jump up by £340 a year’

It could be a matter of days before we start seeing the effects of rising energy prices on our supermarket shop (Picture: Getty)

The average UK household could be spending almost £340 a year more on food and drink due to the impact of the Iran War, a report has warned.

Analysis by the Institute of Grocery Distribution (IGD) set out two possible scenarios for the conflict in the Middle East, and how they would impact supermarket prices back in the UK.

Even though both assumed...