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Get the free app no ads · no paywallNews · 14 April 2026
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The UK economy faces the hardest hit among G7 nations from the Iran war's energy price shock. The IMF cut its 2026 UK growth forecast from 1.3% to 0.8%, citing surging natural gas prices and fewer expected Bank of England rate cuts. This marks the largest downgrade of any G7 economy, leaving the UK bottom of the group on a per capita basis.
Reported by BBC · How we write briefs
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