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    UK economy stagnates amid Iran war impact

    2 weeks ago

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    The UK economy is expected to have stagnated in May, following a 0.1% decline in April. Economists predict flat or negative GDP growth due to pressures on industries from the ongoing Iran war. The services sector, the largest in the UK, has seen a significant pullback, while construction and manufacturing show mixed results. Higher fuel costs continue to affect households and businesses.
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