Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says | Economic growth (GDP)

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says | Economic growth (GDP)

1 / 4 of a million people could lose their jobs by the middle of subsequent yr as Britain “flirts with recession”, analysis suggests, after enterprise confidence was shattered by the US-Israel war on Iran. As the chancellor, Rachel Reeves, summoned bank chiefs for talks aimed at containing the fallout, twin studies from prime accounting…

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Iran war escalation could trigger global recession, IMF warns | Global economy

Iran war escalation could trigger global recession, IMF warns | Global economy

An extra escalation within the Iran war could trigger a global recession, spiralling inflation and a pointy backlash in monetary markets, the International Monetary Fund has warned. Against an more and more risky backdrop, the Washington-based fund mentioned the financial injury from the Middle East battle was steadily rising because it minimize its development forecasts…

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