Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says - short news


Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence

A quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, after business confidence was shattered by the US-Israel war on Iran.

As the chancellor, Rachel Reeves, summoned bank chiefs for talks aimed at containing the fallout, twin reports from top accounting firms underlined the scale of..


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source: The Guardian - 20.04.2026

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