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 Vodafone predicts further earnings growth over year ahead in ‘new chapter’ 12 May 2026 Early Easter adds to woe of retailers suffering from low consumer confidence 11 May 2026 Mixed day for stocks as oil prices climb amid ongoing Iran-US deadlock 11 May 2026 British Steel set to be nationalised as Government mulls future for Scunthorpe 11 May 2026 First-time buyers ‘facing significant pressure’ in mortgage market squeeze 11 May 2026 Shoe Zone losses widen as Iran war fallout blamed for tougher trading 11 May 2026 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.