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Friday, June 12, 2026
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Article The Guardian World News

UK economy shrank by 0.1% in April as Iran war held back growth

The Guardian World News June 12, 2026 · 6:31 am Read Original
Bullish 70.8
−100 Bearish 0 +100 Bullish
UK economy shrank by 0.1% in April as Iran war held back growth

GDP hit by higher energy prices caused by Middle East conflict, after 3% rise in MarchThe UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.As energy prices have risen as a result of the conflict, after Iran closed off the strait of Hormuz – a vital shipping route for global trade – the UK’s strong expansion in the first quarter slid into reverse. Continue reading...

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Article Info
Source The Guardian World News
Published Jun 12, 2026 · 6:31 am
Article ID bj3oug9
Original URL Open source
Sentiment Signal
Bullish 70.8
−100Neutral+100
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