The UK Office for Budget Responsibility stated that if energy prices peak at higher levels and remain high for an extended period, we expect inflation to rise, near-term GDP growth to weaken, and financial conditions to tighten.

2026-10-28

The UK Office for Budget Responsibility stated that if energy prices peak at higher levels and remain high for an extended period, we expect inflation to rise, near-term GDP growth to weaken, and financial conditions to tighten.