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UK ‘at risk of recession’ if Strait of Hormuz remains closed into 2027
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Guardian Business
UK economy faces recession if strait of Hormuz remains closed, EY warns - business live
Rolling coverage of the latest economic and financial news
The shipping group Clarkson’s has reported its best ever half-year performance this morning, benefiting from disruption in the Middle East.
Its pre-tax profit shot up 56% to £61.5m in the first six months of the year, compared with the same period in 2025.
Clarksons delivered a record first half performance, reflecting both the investment into our underlying …
3 Aug, 06:40
The Independent
UK ‘at risk of recession’ if Strait of Hormuz remains closed into 2027
EY’s latest economic outlook also warns that inflation could rise to 6.4% as oil and gas prices soar
2 Aug, 23:01
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