Published Aug 12, 2026, 6:23 AM ET · Updated 3 months ago · 1 source

Internal UK Forecasts Raise Risk of Growth Downgrade Due to War

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bloomberg
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Original Report

The UK economy will barely grow next year if the Strait of Hormuz stays badly disrupted until the end of 2026, according to internal Treasury modeling that complicates Andy Burnham’s premiership and the coming budget.