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UK economy faces recession if strait of Hormuz remains closed, EY warns
Rolling coverage of the latest economic and financial news European stocks and bonds are rallying this morning as the oil price falls – the Stoxx Europe 600, which tracks the biggest companies on the continent, is up 0.5%. The UK’s blue chip FTSE 100 index is however flat this morning, with shares i
Steady / neutral66%
PositivePossible support for stability, investment or market confidence
RiskInflation, volatility, borrowing costs or weaker growth
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