{"id":366925,"date":"2026-03-26T22:33:10","date_gmt":"2026-03-26T22:33:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/366925\/"},"modified":"2026-03-26T22:33:10","modified_gmt":"2026-03-26T22:33:10","slug":"uk-will-suffer-biggest-hit-among-large-economies-from-iran-war-oecd-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/366925\/","title":{"rendered":"UK will suffer biggest hit among large economies from Iran war, OECD says"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"UK chancellor of the exchequer Rachel Reeves. Photo: PA\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/03\/bc5b6f5e-1137-4adc-ae32-0929b5cd685b.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">UK chancellor of the exchequer Rachel Reeves. Photo: PA<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The UK will suffer a bigger economic hit from the Iran war than any other Group of Seven (G7)  nation this year as growth weakens, inflation accelerates and interest-rate cuts are abandoned, the Organisation for Economic Cooperation and Development (OECD) warned.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The Paris-based think tank lowered its UK growth forecast to 0.7pc from 1.2pc in December and increased its inflation projection to 4pc from 2.5pc. While its global forecasts also worsened, no other G7 country saw as sharp a downgrade.<\/p>\n","protected":false},"excerpt":{"rendered":"UK chancellor of the exchequer Rachel Reeves. Photo: PA The UK will suffer a bigger economic hit from&hellip;\n","protected":false},"author":2,"featured_media":366926,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60,898],"class_list":["post-366925","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland","tag-latest-news-ticker"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/366925","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=366925"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/366925\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/366926"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=366925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=366925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=366925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}