Manufacturing Industries: Costs
Lords · Question HL16395 · Tabled 14 Apr 2026 · Department for Business and Trade · Official record
Answered 17 Apr 2026
Question
Asked by Lord Wigley
To ask His Majesty's Government what is their estimate of the increase in the cost of input prices for manufacturing industries in the UK, arising from the Iran conflict.
Answer
Answered by Baroness Lloyd of Effra, 17 Apr 2026
Government is managing the economic consequences of the conflict across the whole of the UK. The UK’s economic fundamentals remain strong. The supply of inputs and commodities remains stable and generally well diversified.Impacts on input cost increases a...