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Iran war could ‘halt growth’ across UK economy
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NEWSDECK ANALYSIS
The UK economy's growth prospects are closely tied to global events, and a conflict involving Iran could have significant implications for trade and investment. The country's economic performance is also influenced by decisions made by major world leaders, including US President Trump. EY's growth forecast for the UK economy this year suggests that there is potential for better-than-expected performance, but this outlook may be vulnerable to external shocks.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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City AM
Iran war could ‘halt growth’ across UK economy
The Iran war could “halt growth” in the UK economy as the success of Andy Burnham and John Healey’s economic management largely hinges on President Trump’s decision-making, a City firm has warned. Big Four consultancy EY has said that the UK economy could perform better than first expected this year as its growth forecast was [...]
2 Aug, 23:01
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