The IMF has downgraded the UK's growth forecast more than any other advanced economy as high energy prices linger and interest rates are eased at a slower pace than before the Iran war.
The IMF also downgraded their forecast for global economic growth as the conflict across the Middle East chokes oil and gas supplies, causing supply chain shocks and driving energy costs higher around the world.
For more on this story and other Money stories click:
https://news.sky.com/story/money-live-consumer-personal-finance-tips-sky-news-latest-13040934
#imf #ukeconomy #iran #middle east #energy #oilprices #live
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Listen to our new podcast This is Why, available for free here: https://podfollow.com/thisiswhy
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
-
IMF warns of slowing economic growth, rising inflation amid Iran war
The Hill —
-
IMF cuts growth outlook, warns world already drifting toward more adverse scenario
The Japan Times —
-
IMF cuts the outlook for global growth in the fallout from from Iran war
PBS —
-
IMF cuts global growth forecast due to Middle East war
Le Monde —
-
Iran war impacts global growth forecast, IMF warns of economic slowdown
AP News —
IMF holds news conference on its World Economic Outlook
Sky News
—