Summary
EY warns that the UK economy faces a recession if the Strait of Hormuz remains closed, while the yen has strengthened against the dollar after a joint currency intervention by Japan and the US.
UK Economy Risks Recession if Strait of Hormuz Remains Closed, EY Warns; Yen Strengthens
HyperFast News
Finance
3 August 2026 at 3:44 pm
UK Economy Risks Recession if Strait of Hormuz Remains Closed, EY Warns; Yen Strengthens
HyperFast News
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