UK cuts 2026 growth forecast, flags Iran war risk
Published on: March 3, 2026, 7:48 p.m. | Source: The Economic Times
The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update overshadowed by concerns over the economic fallout from the Iran war. Finance minister Rachel Reeves said the government's economic plan was "even more important in a world that in the last few days has become yet more uncertain with unfolding conflict in Iran and the Middle East".
