Iran war woes cause jump in London-listed profit warnings

London-listed firms have experienced an increase in profit warnings, with 59 alerts issued in the second quarter compared to 55 in the previous three months. According to EY-Parthenon, travel firms and housebuilders are leading these warnings. The surge is attributed to rising energy costs and fragile consumer confidence resulting from the Iran war, with over half of the warnings linked to policy impacts and the broader economic fallout from the conflict.