UK economic growth forecasts for the next two years have been slashed and inflation will be higher than previously expected as the Iran war threatens to throw the global economy "off course", the International Monetary Fund (IMF) has warned.Chancellor Rachel Reeves said the war "will come at a cost to the UK" following the IMF's gloomy outlook.

UK economic growth forecasts for the next two years have been slashed and inflation will be higher than previously expected as the Iran war threatens to throw the global economy "off course", the International Monetary Fund (IMF) has warned.Chancellor Rachel Reeves said the war "will come at a cost to the UK" following the IMF's gloomy outlook.