London Daily

Focus on the big picture.
Friday, Jul 10, 2026

Truss tells Iran she hopes UK will soon be able to repay £400m debt

Truss tells Iran she hopes UK will soon be able to repay £400m debt

Tehran is keen to see Britain do more to help with Afghan refugee crisis
Liz Truss has said she hopes Britain will soon be in a position to pay the £400m debt overdue to Iran, according to an Iranian account of the phone call between the foreign secretary and her Tehran counterpart, Hossein Amir-Abdollahian.

UK government officials have been exploring legal ways to pay Britain’s historical debt, although international economic sanctions on Iran have made it difficult.

The UK Foreign Office did not proactively brief reporters on the call, but when contacted for comment it confirmed that the conversation had happened on Monday, saying: “We continue to explore options as a matter of urgency to resolve this case.” It said the UK had always been committed to paying the debt.

With talks on the Iran nuclear deal reaching their decisive stage in Vienna, it is possible Truss wanted to stress the upside of both sides reaching a deal. The two countries insist that the £400m debt – dating back to the sale of tanks to the shah of Iran in the mid-1970s – has always been treated as independent of the Vienna talks and the fate of three British dual nationals held in Evin prison or, in the case of Nazanin Zaghari-Ratcliffe, denied the right to leave Iran.

The tone of the call, according to the Iranian account, appeared to have been warmer than for some time, with Iran eager to see the UK do more to help with the Afghan refugee crisis on its borders. According to Iran, Truss praised Tehran for housing as many as 2 million refugees. The foreign ministry said: “Amir-Abdollahian positively assessed the relations between the two countries.”

It may have been significant that the Irish foreign minister, Simon Coveney, was in Tehran on Monday. He has acted as a conciliator on political prisoner issues in the past.

In the UK parliament last month, Boris Johnson again blamed the threat of sanctions for the block on the payment.

The Vienna talks will mean many of sanctions could be lifted, but it has been argued that the UK has been responsible for its own sanctions laws since Brexit and so could pay the debt now if it is not tied up in a wider negotiation.
Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
UK Energy Strategy Focuses on Storage and Offshore Wind to Support Renewable Transition
Regional Governments Gain Greater Role in Britain’s Infrastructure and Economic Strategy
Britain Strengthens Technology Sovereignty Through Tougher Artificial Intelligence Competition Rules
UK Government Expands Artificial Intelligence Use Across Public Services Despite Privacy Debate
UK Universities Warn of Financial Pressure After Sharp Fall in International Student Enrolment
Welsh Government Completes Rail Nationalisation With One Point Five Billion Pound Modernisation Plan
Northern Ireland Records Export Growth as Companies Benefit From Dual UK and EU Market Access
Greater Manchester Launches Two Billion Pound Plan to Convert Empty Commercial Sites Into Housing
National Grid Connects Europe’s Largest Battery Storage Facility in Yorkshire
UK Defence Ministry Plans Royal Navy Autonomous Fleet Deployment to Indo-Pacific
Scotland Approves Europe’s Largest Floating Offshore Wind Project Near Aberdeen
Competition and Markets Authority Blocks Forty Billion Pound Technology Deal Over AI Security Concerns
UK Launches Five Hundred Million Pound Artificial Intelligence Network for National Health Service Diagnostics
Bank of England Signals Possible Interest Rate Cuts After Inflation Falls Below Target
UK Government Unveils Major Wealth Tax Reform to Fund National Health Service Infrastructure Expansion
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Barclays and PwC Report Examines Economic Opportunities from Financial Asset Tokenisation
Pound Sterling Strengthens as Investors Anticipate Further Bank of England Rate Increases
British Business Bank Invests Twenty-Seven Million Pounds in Kraken Technology Defence Expansion
UK Business Secretary Peter Kyle Backs State Investment Strategy Inspired by US Approach
UK Electricity System Issues Margin Notice as Heatwave Tightens Evening Supply Outlook
Labour Leadership Contest Opens as Andy Burnham Emerges as Expected Sole Candidate
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Rare Early Copy of US Declaration of Independence Found in British Archive
Cornish Language Revival Gains Momentum Through Schools and Community Programs
UK Authorities Face Criticism Over Prisoner Early Release Safeguards
Clacton By-Election Set After Nigel Farage Resigns Seat to Trigger Contest
Government Agencies Review Long-Term Fiscal Risks from Aging Population and Low Productivity
UK Heatwaves Expose Pressure on Public Transport and Housing Infrastructure
UK Government Prepares Welfare Review Amid Debate Over Personal Independence Payment Reform
UK Government Expands Rapid Endometriosis Testing Across NHS Services
Vistry Group Issues Profit Warning as UK Housing Market Faces Continued Pressure
Virgin Media Receives Record Twenty-Eight Million Pound Fine Over Contract Cancellation Failures
Office for Budget Responsibility Warns UK Public Finances Face Long-Term Pressure
UK Watchdog Warns Regional Income Gap Has Barely Narrowed in Three Decades
IMF Raises United Kingdom Growth Forecast as Inflation and Energy Pressures Ease
UK Government Launches Regulatory Reform Bill to Speed Up Commercialization of Innovation
Prince Harry Loses Privacy Lawsuit Against Daily Mail Publisher After High Court Rejects Claims
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
Jet2 Reports Strong Summer Travel Demand as Bookings Rise Seven Percent
×