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Four signs the UK is heading for ‘worst possible sort of recession’ | The Independent

The UK economy as been impressively resistant to the war in Iran, but a report by the financial auditing company EY says the continued closure of the Strait of Hormuz is set to finally burst the dam, says James Moore

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Trump says there ‘will be a deal on Hormuz’ as peace talks to resume
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Trump says there ‘will be a deal on Hormuz’ as peace talks to resume

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https://www.theguardian.com/business/live/2026/aug/03/uk-economy-recession-strait-hormuz-closed-oil-latest-news-updates

UK economy faces recession if strait of Hormuz remains closed, EY warns - business live | Business | The Guardian

https://www.theguardian.com/business/live/2026/aug/03/uk-economy-recession-strait-hormuz-closed-oil-latest-news-updates
https://www.independent.co.uk/news/uk/home-news/uk-economy-iran-war-fuel-prices-b2993969.html

UK economy expected to show signs of Iran war impact as fuel prices soar | The Independent

https://www.independent.co.uk/news/uk/home-news/uk-economy-iran-war-fuel-prices-b2993969.html