The chancellor's spring forecast reveals UK growth is expected to be weaker in 2026 - but events in the Middle East could mean an even bigger economic shockwave. Sky's Ed Conway says that by historical standards, the Office for Budget Responsibility's UK growth forecast for the next few years is "not that great" - and that's before the impact of the current chaos in the Middle East is taken into account. Gas prices have soared by 93% since the start of conflict with Iran's effective closure of a key shipping route spooking investors and traders. Read more: https://news.sky.com/story/politics-latest-mandelson-starmer-labour-farage-badenoch-12593360 #skynews #middleeast #ukpolitics #ukeconomy SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Click here to get Electoral Dysfunction podcast for free: https://podfollow.com/electoraldysfunction Politics at Sam and Anne’s podcast is available for free here: https://podfollow.com/politics-at-sam-and-annes Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales