Iran War: "Our economy will be smashed"

<p>Diplomacy has been "pushed aside" after Donald Trump bombed Iran - leaving Britain "weak".</p><br /><p>-</p><br /><p>YOUR NEXT LISTEN: <a href="https://podfollow.com/new-statesman/episode/37a9c6fc2393d29236fc7a262fc07308804b49f1/view" rel="noopener noreferrer" target="_blank">Trump bombs Iran</a></p><br /><p>-</p><br /><p>Donald Trump has hinted in a social media that he would be in favour of regime change in Iran. His government have said otherwise.</p><br /><p>Elsewhere, UK Foreign Secretary David Lammy has so far refused to say whether the US bombing of Iranian nuclear sites was legal. Does the UK government quietly approve of Trump’s actions?</p><br /><p>In this episode our associate political editor Rachel Cunliffe discusses those questions with US correspondent Freddie Hayward and senior editor George Eaton.</p><br /><p>Meanwhile in response to the attack, the Iranian government have threatened to block the strait of Hormuz, effectively restricting one fifth of the world’s oil supply. Rachel asks our editor Tom McTague and business editor Will Dunn what this would mean for the global economy - and the cost of goods in the UK.</p><br /><p><br /></p><p>-</p><br /><p>READ: <a href="https://www.newstatesman.com/politics/polling/2025/06/britain-wants-no-part-in-israels-war" rel="noopener noreferrer" target="_blank">Britain wants no part in Israel’s war</a> by Ben Walker</p><br /><p><br /></p><p>Sign up to the New Statesman's daily politics newsletter:</p><p><a href="https://morningcall.substack.com/" rel="noopener noreferrer" target="_blank">Morning Call</a></p><br /><p><br /></p><p>Submit a question for a future episode:</p><p><a href="https://www.newstatesman.com/podcasts/2022/10/you-ask-us" rel="noopener noreferrer" target="_blank">You Ask Us</a></p><p><strong>LISTEN AD-FREE:</strong></p><p>📱<a href="https://www.newstatesman.com/politics/2022/06/newapp" rel="noopener noreferrer" target="_blank">Download the New Statesman app</a></p><br /><p><strong>MORE FROM THE NEW STATESMAN:</strong></p><p>❓ <a href="https://www.newstatesman.com/podcasts/2022/10/you-ask-us" rel="noopener noreferrer" target="_blank">Ask a question</a> – we answer them every Friday</p><p>⏰ <a href="https://morningcall.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Get our daily politics newsletter</a> every morning</p><p>✍️ <a href="http://saturdayread.substack.com/subscribe" rel="noopener noreferrer" target="_blank">Enjoy the best of our writing</a> via email every Saturday</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>