{"id":91763,"date":"2026-03-03T21:30:06","date_gmt":"2026-03-03T16:00:06","guid":{"rendered":"https:\/\/newzquest.in\/iran-conflict-could-have-very-significant-impact-on-uk-economy-obr-warns-in-spring-forecast-live-updates\/"},"modified":"2026-03-03T21:30:06","modified_gmt":"2026-03-03T16:00:06","slug":"iran-conflict-could-have-very-significant-impact-on-uk-economy-obr-warns-in-spring-forecast-live-updates","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/iran-conflict-could-have-very-significant-impact-on-uk-economy-obr-warns-in-spring-forecast-live-updates\/","title":{"rendered":"Iran conflict could have \u2018very significant\u2019 impact on UK economy, OBR warns in spring forecast \u2013 live updates"},"content":{"rendered":"<div class=\"nqenglish-card-frame\">\n<div class=\"nqenglish-img-wrapper\"><img decoding=\"async\" src=\"https:\/\/i.guim.co.uk\/img\/media\/0b4d9814e527c3ad69fbb30d308f7ccb6bd5d289\/290_0_1800_1440\/master\/1800.jpg?width=1200&#038;height=630&#038;quality=85&#038;auto=format&#038;fit=crop&#038;precrop=40:21,offset-x50,offset-y0&#038;overlay-align=bottom%2Cleft&#038;overlay-width=100p&#038;overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&#038;enable=upscale&#038;s=36b3273bd320387ea728fc223d95c6e6\" alt=\"Iran conflict could have \u2018very significant\u2019 impact on UK economy, OBR warns in spring forecast \u2013 live updates\" loading=\"lazy\" width=\"480\" height=\"270\" style=\"object-fit:cover\"><\/div>\n<div class=\"nqenglish-cat lang-en\">\u090f\u0928 \u0936\u0949\u0930\u094d\u091f\u094d\u0938'<\/div>\n<div class=\"nqenglish-headline\">Iran conflict could have \u2018very significant\u2019 impact on UK economy, OBR warns in spring forecast \u2013 live updates<\/div>\n<div class=\"nqenglish-summary\">Chancellor\u2019s statement comes amid backdrop of economic and geopolitical turmoil, including gas prices at three-year highSpring forecast: Reeves insists Labour has \u2018right economic plan\u2019 as 2026 growth downgradedUK grocery price inflation has risen, showing that people are being hit in the pocket even before the surge in energy prices feeds through to the economy.Data provider Worldpanel by Numerator has reported that annual grocery inflation rose to 4.3% in February, after four consecutive months of falls, in a blow for households. That\u2019s up from 4% in January.Sentiment towards BP and Shell has strengthened significantly off the back of oil price spikes. But it\u2019s a complex picture. Neither company has production in Iran. But BP\u2019s significant production in Iraq and Abu Dhabi risks being bottlenecked through disruption to the Strait of Hormuz. For Shell the same applies to its LNG facilities in Qatar and the Emirates. If a moderate sustainable regime is established<\/div>\n<div class=\"nqenglish-link\"><a href=\"https:\/\/www.theguardian.com\/business\/live\/2026\/mar\/03\/spring-forecast-rachel-reeves-statement-economic-plan-obr-oil-gas-stock-markets-live-updates\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Story<\/a><\/div>\n<p><span class=\"nqenglish-disclaimer\">Technically enhanced content presented under fair use in public-interest journalism.<\/span><\/div>","protected":false},"excerpt":{"rendered":"<p>N Shorts Iran conflict could have \u2018very significant\u2019 impact on UK economy, OBR warns in spring forecast \u2013<\/p>","protected":false},"author":5,"featured_media":91764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-91763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-shorts-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/91763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/comments?post=91763"}],"version-history":[{"count":0,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/91763\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media\/91764"}],"wp:attachment":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media?parent=91763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/categories?post=91763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/tags?post=91763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}