Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict ...

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

The IMF has warned Donald Trump's war on Iran risks tipping the world into recession, with Britain facing the biggest growth downgrade of any major economy ...

The UK’s unemployment rate hit 5% last week, the highest since the Covid-19 pandemic and higher than most analysts had predicted. The Office for National Statistics figures, although in some dispute ...

If the population is also growing, increased GDP can still mean less money per person, which can reduce people's living ...

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The energy crisis resulting from the Iran war could reduce the UK economy by £35bn, even in an optimistic scenario, according to the National Institute of Economic and Social Research (Niesr). Niesr ...

UK to narrowly avoid recession and jobless rate to surge, Item Club warns - The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the ...

With official figures due to be released this week likely to show that the UK economy is growing again, the latest Work Audit - The jobs recession in 3D ñ from the Chartered Institute of Personnel and ...

Higher prices are already feeding through to households – and the Government warns the squeeze will outlast any ceasefire deal ...

A global recession threatens the worldwide economy as oil prices risk surging towards $130 per barrel next year, the ...