Economists expect the UK economy to contract in April as higher energy costs linked to the Iran conflict weigh on consumer spending, business activity, and overall growth prospects.
The UK economy is expected to contract despite a boost at the start of the year, with economists warning that the war in Iran’s energy price shock will now show up in fresh data.
Economists believe that the UK economy declined by 0.1 per cent in Apri… [2680 chars]
Source: OilPrice | Published: 2026-06-10T16:00:00Z
Credit: OilPrice
