London, March 3, 2026 (AFP) - UK cuts 2026 growth forecast, flags Iran war risk

NAMPA / AFP

2026-03-03

The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update overshadowed by concerns over the economic fallout from the Iran war. The Spring Statement spending update came as the Labour government struggles to boost sluggish economic growth, now threatened further by the widening Middle East conflict pushing up energy prices. Finance minister Rachel Reeves said the government's economic plan......

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