British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit

British ​finance ​minister Rachel Reeves ‌said on ​Tuesday the government needs ‌to make targeted interventions to shield the economy from the ‌impact of the U.S.-Israel war ‌on Iran without a lasting effect on interest rates.

"The ⁠Chancellor ​was ⁠clear that the government needs ⁠to be responsive and responsible - learning ​the lessons of the previous ⁠government's response to the 2022 ⁠energy ​crisis," Downing Street said in a statement ⁠after a meeting of the ⁠Middle East ⁠Response Committee.