Business · GB · 10:58

OECD cuts UK growth forecast for 2027 amid Middle East conflict

BBC News · Business

Published 23 Sep 2026, 10:58 BST · Updated 23 Sep 2026, 11:56 BST

• The OECD lowered its UK growth prediction for 2027 to 1% from an earlier forecast of 1.1%.
• Higher energy prices from the Middle East conflict and climate change are expected to weigh on growth.
• The agency upgraded the UK's 2026 growth outlook to 1.1%, up from an expected 0.9%.