UK Faces Rising Recession Risk As West Asia Conflict Pushes Energy Costs Higher
Edited By WION Video Desk
Published: Apr 29, 2026, 17:38 IST | Updated: Apr 29, 2026, 17:38 IST
The ongoing West Asia conflict is casting a growing shadow over the UK economy, with the National Institute of Economic and Social Research warning that growth could slow sharply in 2026. Rising oil and energy prices linked to the regional crisis are increasing fears of recession and renewed pressure on household budgets. Inflation is now expected to peak at 4.1 percent next January, raising concerns over living costs, borrowing rates and the wider economic outlook for Britain.
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