Iran Conflict Could Slow UK Economic Growth to 0.3%, Treasury Warns

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politics

13 August 2026 at 3:41 pm

Iran Conflict Could Slow UK Economic Growth to 0.3%, Treasury Warns

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Summary

Treasury officials warn that an ongoing conflict involving Iran could severely impact the UK economy, potentially slowing growth to just 0.3% in 2027 if the Strait of Hormuz remains closed for the rest of the year.

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