US-Iran war looms over Britain’s economy

🇬🇧 Politico Europe (GB) —

AI Summary

The Bank of England highlights the economic risks to Britain from escalating U.S.-Iran conflict, warning inflation could peak at 4.5% in 2027's second quarter. The evolving geopolitical tensions threaten economic stability in the UK.

Bank of England says repeated re-escalation of the conflict could see inflation peak at 4.5 percent in the second quarter of 2027.

World Politics Markets Bank of England UK economy US-Iran conflict inflation forecasts geopolitical risk economic impact

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