National Institute of Economic and Social Research
Coverage of National Institute of Economic and Social Research in the Nexus archive.
- Wednesday briefing: Where Starmer stands after another precarious day in Parliament
UK Prime Minister Keir Starmer faces growing internal and external pressures as Labour MPs narrowly support him in a vote over the appointment of Peter Mandelson as US ambassador. Upcoming local elections and economic challenges, including a £35bn hit from the Iran war, threaten his leadership. The UAE's exit from OPEC further complicates global energy markets.
- UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns
The UK is facing a £35bn economic hit and a risk of recession this year due to the fallout from the Iran war, according to the National Institute of Economic and Social Research (Niesr). The thinktank warns that even under a best-case scenario, UK economic growth will slow in 2026 and 2027 as a result of the Middle East conflict.