Is the UK facing a recession in 2026? Financial journalists discuss how it might happen

With unemployment at a five-year high, inflation above the Bank of England's target, and a war in the Middle East, could the UK enter recession in 2026? Fears over a prolonged closure of the Strait of Hormuz have driven UK government borrowing costs to a high not seen since Liz Truss's mini-budget - meanwhile energy costs are expected to rise in the medium-to-long term. City AM's Simon Hunt, Ali Lyon and Mauricio Alencar discuss how the UK might be affected. #economy #recession #iran #inflation Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter):   / cityam   Facebook:   / cityam   Instagram:   / city_am   LinkedIn:   / cityam