UK economy faces hardest hit of G7 from Iran war says IMF as growth forecast cut - Chancellor Rachel Reeves said the war ‘will come at a cost to the UK’ following the IMF’s gloomy outlook.

Read More »

The UK's econmic forecast is bleak - here's what it means for your mortgage

As recently as January, it had forecast growth of 1.3% in 2026 and 1.5% in 2027. The UK economy grew by 1.3% last year. Inflation is now expected to average 3.2% this year and 2.4% next year, higher ...

Read More »

IMF drops Eurozone's economic growth forecast to 1.1% from 1.4% amid Iran war

The International Monetary Fund (IMF) has adjusted its growth projection for the eurozone down to 1.1% from 1.4% for 2026 as prospects for the euro area dwindle amid higher inflation and reduced ...

Read More »

UK growth forecast slashed as Iran war hurts global economy

International Monetary Fund has lowered its forecast for UK growth in 2026 and 2027, due to Iran war and weak growth in late 2025 ...

Read More »

UK growth forecasts slashed by IMF as Iran war hurts global economy – as it happened

International Monetary Fund has lowered its forecast for UK growth in 2026 and 2027, due to Iran war and weak growth in late 2025 ...

Read More »