UK growth downgraded as firms measure hit from Iran turmoil

UK growth downgraded as firms measure hit from Iran turmoil

The UK economy will suffer from sluggish growth this year, a leading industry body has warned, with further tax rises on the horizon remaining as a “risk”.  Business chiefs have warned that the services sector is set to keep the UK economy afloat this year, with contractions expected ...

The UK's Key Economic Hope for 2026 Lies Dashed

Global turmoil to hit growth and push up inflation - London Business News

UK GDP is expected to grow by only 1.0% in 2026, reflecting a landscape of weak productivity, business investment, consumer spending, and ongoing global uncertainty. It is then forecast to… The post Global turmoil to hit growth and push up inflation appeared first on London Business News

Economic Forecast: Global Turmoil to Hit Growth and Push Up Inflation - Cambridgeshire Chamber of Commerce

The latest British Chambers of Commerce (BCC) economic forecast suggests slow growth in 2026, higher inflation due to the Middle East crisis, and rising unemployment as the labour market softens. The BCC forecast is the first economic assessment by a business organisation since last week’s Spring Statement and renewed conflict in the Middle East. While the current geopolitical situation remains highly uncertain, and could change the economic out…

BCC Economic Forecast: Global Turmoil to Hit Growth and Push Up Inflation  - British Chambers of Commerce

The latest British Chambers of Commerce (BCC) economic forecast suggests slow growth in 2026, higher inflation due to the Middle East crisis, and rising unemployment as the labour market softens.   The BCC forecast is the first economic assessment by a business organisation since last week’s Spring Statement and renewed conflict in the Middle East.  While the current geopolitical situation remains highly uncertain, and could change the economic …