Lower speed limits could help stop Iran war damaging UK economy, think tank says

NewsUKUK PoliticsLower speed limits could help stop Iran war damaging UK economy, think tank saysInflation could soar and conflict in the Middle East could cost the Treasury £8bn a year, new modelling indicatesKate Devlin Whitehall editor Thursday 07 May 2026 00:01 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2971724","articleMeta":{"url":"https://www.independent.co.uk/news/uk/politics/iran-us-war-speed-limit-labour-ippr-b2971724.html","title":"Lower speed limits could help stop Iran war damaging UK economy, think tank says "}}CloseRubio says Iran is holding ‘whole world hostage’ in Strait of Hormuz as ceasefire at riskStay on top of the latest political news with our View from Westminster newsletterGet the latest political headlines with our free emailGet the latest political headlines with our free emailEmail*SIGN UPI would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice{"className":"sc-1ge0fwe-0","newsletterData":{"regSourceNewsletter":"IND_VIEW_WESTMINSTER_cdp","regTitle":"View from Westminster","subscriptionGroup":"view_from_westminster","subscriptionGroupId":"b95d438b-1c8a-4bcc-b662-ba3e12f2afc5","type":"the_view_westminster","pathPrefix":"/news/uk/politics","associatedAuthors":["Kate Devlin","Millie Cooke","Athena Stavrou"],"title":"Stay on top of the latest political news with our View from Westminster newsletter","mobileTitle":"Get the latest political headlines with our free email","imageSrc":"https://static.independent.co.uk/static-assets/images/newsletters/viewFromWestminster1_1_new.png","label":"I would like to receive morning headlines Monday - Friday plus breaking news alerts by email","newsletterKey":"receiveTheView","regSourceSection":"UK Politics","regSourceMethod":"NS...