Business Households to slam brakes on spending as Iran war sends cost surging, warns EY by News Room 12 May 2026 written by News Room 12 May 2026 0 comment Share 0FacebookTwitterPinterestEmail EY’s economic outlook shows UK consumer spending growth will grind almost to a halt, at a predicted 0.3% for 2026, as inflation set to rise to 4%. Share 0 FacebookTwitterPinterestEmail previous post Half of the artists at the Venice Biennale give up running for the awards created after the resignation of the jury next post Coppola, Binoche, Costa-Gavras, Sorogoyen, Laxe… the world of cinema demands EU funds for independent films Crest Nicholson sinks to loss amid ‘challenging’ housing market 17 July 2026 IMF urges Andy Burnham to avoid public spending hikes 16 July 2026 FTSE 100 closes higher as engineering stocks make gains 16 July 2026 RTS switch-off completed successfully, says minister 16 July 2026 New renters’ rights spark flurry of students ending tenancies, Foxtons says 16 July 2026 Government brings British Steel under public ownership 16 July 2026 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.