Could war in the Middle East wreck the UK economy?
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Could war in the Middle East wreck the UK economy?
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Summary
Chancellor Rachel Reeves says the government has 'restored economic stability' despite downgraded growth forecasts for 2026, whilst the US-Israel war with Iran means narrow improvements in the economy revealed in her spring statement are likely to be overturned.
On Talking Politics, UK Editor Paul Brand and Political Editor Robert Peston discuss what it means for energy prices, interest rates and economic growth - and whether the UK can afford to become further involved in the conflict.
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