Iran war threatens to crush UK economy: Treasury officials warn growth could slow to just 0.3% ○
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a story from The Daily Mail 💩 › The Daily Mail
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2026 › August › 12
Treasury
8 days ago
Treasury officials predict growth will slow to just 0.3% in 2027 if the Strait of Hormuz remains effectively closed for the rest of this year due to the ongoing conflict.
Treasury yields are little changed as investors await key inflation data ⊕
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was largely flat at 4.682%.
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