Prolonged Iran war could tip UK into recession next year, report warns
- Posted on August 2, 2026
- By Evening Standard
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- 1 min read
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Prolonged Iran war could tip UK into recession next year, report warns
The EY economic outlook cautions that GDP could slow to 0.5% this year and contract by 0.2% next year if the Strait of Hormuz remains shut into 2027.
