IMF Warns Middle East Conflict Threatens UK Economic Growth, Forecasts GDP at 1.0% in 2026

GateNews
According to the International Monetary Fund (IMF), on May 18, Middle East tensions are dampening the United Kingdom's short-term economic growth prospects. The IMF's latest report forecasts UK GDP growth at 1.0% for 2026, down from previous estimates. Additionally, rising energy prices are expected to temporarily push up inflation rates, posing headwinds to the UK economy.
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