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UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

The National Institute of Economic and Social Research warns that the UK faces a £35bn economic hit and potential recession in 2026 due to the Iran war's impact on energy prices and inflation, forcing tough fiscal and monetary policy decisions.

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First seen
Apr 29, 2026, 7:01 AM
Last updated
Apr 29, 2026, 12:05 PM

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UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns is currently shaped by signals from 1 source platforms. This page organizes AI analysis summaries, 1 timeline events, and 22 relationship edges so search engines and AI systems can understand the topic's factual basis and propagation arc.

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recessionenergy pricesinflationinterest rateseconomic growthgovernment borrowingfiscal rulesoil price shock

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UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

News · 1
Apr 29, 2026, 7:01 AMOpen original source

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UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Apr 29, 2026, 7:01 AM

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