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UK is forecast to be worst hit of the world's major economies by the Iran war

The International Monetary Fund says the conflict could cause a global recession.

The International Monetary Fund has warned that the Middle East conflict will cause more damage to the UK economy than any other member of the G7. Also: The former Nato secretary general Lord Robertson warns increasing welfare spending threatens the UK's ability to defend itself. And British households and businesses could get free electricity if they use appliances when there is excess energy in the grid.

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