Sir Keir Starmer pledged on Friday to build Britain’s economic resilience in the wake of a conflict “that is going to define us for a generation”.
Investors were not reassured: even as the prime minister spoke, an earlier rally in gilts was petering out, underlining their assessment that the UK economy is among those most exposed to the Iran war energy shock.
The country has not only suffered from greater market volatility than others since the war started. It also received the biggest downgrade of any advanced economy when the Paris-based OECD updated global forecasts last month, warning that growth in GDP would slow sharply this year and inflation would accelerate to 4 per cent.
您已阅读13%（688字），剩余87%（4553字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。