Labour may be forced to slash spending to salvage 'really unhealthy' UK economy from Iran war stagflation shock. Britain's economy is particularly exposed, economist David Lubin argued, already in a 'really unhealthy' shape with sticky inflation and decades of weak growth behind it. With further tax rises risking what Lubin called a 'catastrophic decline in economic activity', the government may have little choice but to swing the axe on spending, forcing a politically difficult shift in Labour'

Tag-uri: Inflatie