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UK economy set for £35bn hit from Middle East energy crisis, think tank says

  • Posted on April 28, 2026
  • By Evening Standard
  • 0 Views
  • 1 min read
In brief

A prominent UK economic research institute warns that geopolitical tensions in the Middle East could inflict substantial financial damage on Britain's economy, potentially costing up to £35 billion. Energy market disruptions stemming from regional instability pose significant risks to economic growth. Should the crisis persist without resolution, policymakers face mounting pressure to prevent a full-scale recession. The analysis underscores Britain's vulnerability to global energy supply shocks and the interconnected nature of modern economies.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

UK economy set for £35bn hit from Middle East energy crisis, think tank says
UK economy set for £35bn hit from Middle East energy crisis, think tank says

The National Institute of Economic and Social Research said the UK could enter a recession this year if the crisis is particularly protracted.
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Author
Evening Standard

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