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2026March › 26

OECD

4 months ago

The U.K. is predicted to be worse hit by the Iran war than its developed market counterparts, the OECD said in its interim economic outlook on Thursday.
European powers and bodies warn of economic collapse as the war on Iran nears one-month mark.
Instead of being the fastest growing economy in the group, as Labour promised, the UK is becoming a laggard mired in stagflation.
The OECD downgrades forecasts for many of the world's biggest economies due to the US-Israel war with Iran.
Middle East war to push American price growth to ‘highest in G7’
Britain is set to be hit harder than any major advanced economy by a slowdown driven by war in the Middle East, according to a damning new global forecast.

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