LONDON, Aug 3 (Reuters) – Britain’s economy is likely to shrink in 2027 if the Strait of Hormuz does not reopen to shipping before the middle of next year, forecasters at accountants EY warned on Monday. EY slightly nudged up its growth forecast for this year to 0.8% from 0.9%, on the basis …Read More
UK Faces Recession if Strait of Hormuz Stays Closed, Forecaster Warns
Related Posts
Add A Comment
