UK Economy Set to Shrink as Iran Energy Shock Hits Growth | HappeningNow.news
Published Date: June 10, 2026

Energy

UK Economy Set to Shrink as Iran Energy Shock Hits Growth

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 pr…

Source OilPrice Updated 2h 34m ago AI Summary

AI Summary

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 April. Official figures will be published on Friday. The drop in growth momentum will reflect the late impact of…

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