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Iran war threatens to crush UK economy: Treasury officials warn growth could slow to just 0.3%

1 source ·1 article ·1h ago

Treasury officials predict growth will slow to just 0.3% in 2027 if the Strait of Hormuz remains effectively closed for the rest of this year due to the ongoing conflict.

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This is Money ·1h ago

Iran war threatens to crush UK economy: Treasury officials warn growth could slow to just 0.3%

Treasury officials predict growth will slow to just 0.3% in 2027 if the Strait of Hormuz remains effectively closed for the rest of this year due to the ongoing conflict.