Cuts NIESR UK Growth Forecast, Warns Iran War Will Keep Inflation Above Target Until 2028
NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession risk if the Iran war worsens. NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession risk if the Ira