UK faces biggest hit to growth from Iran war of major economies, IMF says

The financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy "off course".

The IMF has downgraded the UK's 2026 growth forecast to 0.8%, the largest cut among G7 economies, due to the economic impact of the Iran war.

The IMF has downgraded the UK's 2026 growth forecast to 0.8%, citing the economic impact of the Iran war and its inflationary effects.

The IMF has revised the Eurozone's 2026 growth forecast down to 1.1% from 1.4%, attributing the downgrade to the Iran conflict's economic repercussions.

The IMF forecasts the UK will experience the most significant economic shock among advanced economies due to the Iran war, with growth downgraded to 0.8% in 2026.

The IMF warns that the Eurozone's growth will slow this year and inflation will surge, even if the Iran conflict is resolved by mid-year.